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Baru Gold Corp V.BARU

Alternate Symbol(s):  BARUF

Baru Gold Corp. is a Canada-based junior gold developer with NI 43-101 gold resources in Indonesia. 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 bulgaron May 04, 2011 7:50pm
274 Views
Post# 18531756

RE: Next step!

RE: Next step!Rockhound3
"First for current management and the Board to recognize that they are in over their head(s) and to bring in the required senior bench strength- which includes a new CEO and strong Board."

I don't know what your credentials are but I doubt they compare to what follows, not to mention the already proven record of the management team in Mongolia. Maybe you should just sell and move on? No offense but I would trust the opinion of, for example the Coffin Brothers or John Ing over someone anonymously trying to slag the company on the bulletin board. Wouldn't everyone?

If you just take a look at the chart of the stock you can see that there were 2 pullbacks in 2010 every bit as bad as this current one,  by buying then I made a bundle here. This is a time for serious buying, not panicking.


From EAS website:
"Mr. Hawkins has 30 years of exploration experience in Mongolia, PNG, Indonesia, Australia, North America and Latin America (where Mr. Hawkins was also President and CEO of a successful exploration drilling company that operated in Chile, Argentina and Peru). Prior to joining EAS, Mr. Hawkins was the Mongolia Manager for AngloGold Ashanti and Chief Geologist at Highland Pacific. Mr. Hawkins has a proven track record for discovery of high-grade gold and copper-gold resources and has been directly involved in the greenfield exploration, discovery and development (pre-feasibility and feasibility studies) of several million ounces of gold in the Asia-Pacific region."






Bullboard Posts

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