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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
Comment by schoron Apr 13, 2010 9:39pm
260 Views
Post# 16988372

RE: From April 6th release

RE: From April 6th releaseThat is the primary reason the stock has closed on the high for the day as well as an all time closing high. To find high grade stuff now is awesome as it gives EAS a big shot at adding many more oz and the share price will increase accordingly.

More and more people are interpreting the results and coming to the conclusions we did long ago. The stock traded $500k in the last 15 minutes of trading, that's a nice close.

Personally I think we have seen the pullback already on the drop to 7.19, there are so many in the wings that want in, there is not much of a chance to drive it down. I don't think we are at lofty levels based on the news to date, if we were at $12 then I would be selling a large amount for a pullback. $9 is my next target level on hole 25, just my guess, let's hope I'm right (or wrong and the sp is at 12, lol).

Been a great ride so far, GLTA

Schor
Bullboard Posts