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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 goldlover11on Jan 30, 2018 10:29am
100 Views
Post# 27462155

RE:Good or bad news???

RE:Good or bad news???Financial statements are out. As of November 30, 2017, the company had working capital of $215,683. 3-months later, no working cap and Terry Filbert has spent $230K on proxy solicitation. Looks like the concerned shareholders know what's going on. The company is insolvent! How does Filbert justify a $20k/mth salary. Crooks!!!
Bullboard Posts