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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 CoastalTraderon Mar 12, 2011 2:11pm
307 Views
Post# 18275675

RE: Brokerage support

RE: Brokerage supportI talked with MNike at the PDAC and he is more than happy to work with Brokerage Firms, Institutions, and other Financing Agents.  He won't however be Bullied into accepting their ridiculous, gouging, greedy terms.  It's Mike's way or the highway.

When he did the financing at $7.50 (or thereabouts) the Brokers balked at Mikes terms - no wts and no fees and told him to get real.  So 45 minutes later he had it all sold - at his terms - and that really slapped them upside the head in a way they did not like.  Then they pound the stock down in revenge - oh how sad - because we who know better took advantage of the weakness.  Yup - those greedy C**KS*K*RS really took care of their clients best interests didn't they.

However - Mike is no fool and he has plans to engage at leat one First Rate Financial Institution with international connections in one or more of the companies after the spin-outs.

On a separate note - Eric Coffin was on Michael Campbell's Money Talks program this morning and he was very upbeat on Jr Resources in Africa and also recommended EAS because of the resource est coming (4-5 mill ozs) and the bonus of the spin-out.  You can listen to his show via CKNE.com - go to Archives - show starts at 8:30 with editorial comment then sonme regular contributors - and the the guest (Eric) comes on around 9:30.  Excellent show and I listen to it every Sat morning if at all possible.

Cheers all.

Coastal.
Bullboard Posts