Thumpa
22-04-2010, 10:37 PM
Rubianna Resources Limited
Time for a thread start .........
Shares on Issue : 32,100,010
Market Capitalisation : $9,469,503 (@29.5)
http://www.rubianna.com.au
RRE listed in December 2009 oversubscribed at 20c .
Currently around 4m in the kitty?
Gold exploration with drilling at their Ruby Well project just started right next door to SFR and DRM.
Crazy gold grades recently released from DRM drilling results. DRM shot up from 30c to 1.10
RRE looks interesting. Not many shares on issue , so could move a lot if they strike it lucky. Seem to be in the right area , if you look into SFR / DRM results so far.
From their 8th April ASX release :
About Rubianna Resources Ltd
Rubianna Resources Ltd is a Perth-based gold and base metals exploration company which listed on the ASX on December 9 last year, after a highly successful $6 million IPO.
The Company has a portfolio of prospective gold and base metals projects in the Peak Hill Mining District in the mid-west region of Western Australia. This is the same region as Sandfire Resources’ (ASX: SFR) major high grade copper-gold discoveries and Doray Minerals (ASX: DRM) recently reported high-grade gold intersections from Andy Well at its Meekatharra North Project.
Rubianna’s lead project is the Ruby Well project, which is located approximately 70km southwest of Sandfire’s Doolgunna project within the Naracoota Formation, which extends southwest through four of Rubianna’s tenements.
Time for a thread start .........
Shares on Issue : 32,100,010
Market Capitalisation : $9,469,503 (@29.5)
http://www.rubianna.com.au
RRE listed in December 2009 oversubscribed at 20c .
Currently around 4m in the kitty?
Gold exploration with drilling at their Ruby Well project just started right next door to SFR and DRM.
Crazy gold grades recently released from DRM drilling results. DRM shot up from 30c to 1.10
RRE looks interesting. Not many shares on issue , so could move a lot if they strike it lucky. Seem to be in the right area , if you look into SFR / DRM results so far.
From their 8th April ASX release :
About Rubianna Resources Ltd
Rubianna Resources Ltd is a Perth-based gold and base metals exploration company which listed on the ASX on December 9 last year, after a highly successful $6 million IPO.
The Company has a portfolio of prospective gold and base metals projects in the Peak Hill Mining District in the mid-west region of Western Australia. This is the same region as Sandfire Resources’ (ASX: SFR) major high grade copper-gold discoveries and Doray Minerals (ASX: DRM) recently reported high-grade gold intersections from Andy Well at its Meekatharra North Project.
Rubianna’s lead project is the Ruby Well project, which is located approximately 70km southwest of Sandfire’s Doolgunna project within the Naracoota Formation, which extends southwest through four of Rubianna’s tenements.