Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

Baru Gold Corp V.BARU

Alternate Symbol(s):  BARUF

Baru Gold Corp. is a Canada-based mineral resource exploration company. The Company is focused on developing and producing precious metals projects in Indonesia. The Company’s focus is on developing precious metals projects with significant resource upside potential and near-term production capabilities. The Company’s Sangihe Gold project mineral tenement consists of one block covering the southern half of Sangihe Island, located between the northern tip of Sulawesi Island (Indonesia) and the southern tip of Mindanao (Philippines). The Sangihe Project covers 42,000ha; this includes the Bawone, Binebase prospects on the eastern part of the island and Taware prospect in the south-central region with infrastructure in place. The Company has a 70% interest in the Sangihe project.


TSXV:BARU - Post by User

Bullboard Posts
Post by dfergu7477on Oct 25, 2009 10:34am
408 Views
Post# 16421463

"Save the Sunshine!"

"Save the Sunshine!"Interesting to have you here on this board, Sunshine.  I must say, you were right about Ray and Sunshine Mining.  I'm sorry to say that I voted against your effort there, some years ago.  We know how that sad story played out; what a shame...

With regards to EAS, I appreciate the comparisons you provide.  I, too, think they have the goods at Miwah.  What I find interesting is that EAS hasn't gone to the market for another secondary offering, subsequent to the stock price quadrupling or quintipling since the last one in June.  That suggests to me that they think they may not need one--i.e., that they'll be able to make a deal for Miwah that'll create ANOTHER large dividend for us shareholders while simultaneously raising money for exploration efforts on their other properties.

If they make a deal on Miwah, I hope it's just for that property and not the whole company.  One thing Hawkins and his team has done very well is accumulate lots of fantastic exploration properties in Indonesia and Mongolia.  I'd rather not lose the upside of those properties via a buyout of the whole company.  Would prefer to see how EAS creates value on them, too.

Cheers!



Bullboard Posts