RBYCF - Rubicon Minerals: From Hero To Zero And Back

Rubicon Minerals' (RBYCF) story is relatively well known in the gold mining industry. Rubicon used to be a darling of investors during the first half of the previous decade. The company discovered a big high-grade gold deposit in the famous Red Lake camp and hurried to put it into production. It hurried so much that it skipped the PFS as well as the FS and started building the mine based only on the PEA results. This decision was intended to save time and money, however, as turned out later, it had catastrophic impacts on the

Read more ...