1. Limited Resources - Ruby Creek Resources Inc has limited financial resources compared to its peers, which may limit its ability to invest in new projects or expand its operations.

2. Lack of Diversification - The company's focus on gold mining may limit its ability to diversify its revenue streams and protect against market fluctuations.

3. Geographic Concentration - Ruby Creek Resources Inc operates primarily in Tanzania, which exposes the company to political and economic risks associated with operating in a single country.

4. Regulatory Risks - The company may face regulatory risks associated with operating in Tanzania, including changes in mining laws and regulations, which could impact its operations and profitability.

5. Limited Market Presence - Ruby Creek Resources Inc has a relatively small market presence compared to its peers, which may limit its ability to attract investors and access capital markets.

6. Limited Production Capacity - The company's current production capacity is limited, which may impact its ability to meet demand and generate revenue.

7. Dependence on Key Personnel - Ruby Creek Resources Inc may be dependent on key personnel, including its management team and technical experts, which could impact its ability to execute its business strategy if these individuals were to leave the company.

8. Environmental Risks - The company may face environmental risks associated with its mining operations, including potential damage to local ecosystems and water sources.