Baru Gold Corp V.BARU

Alternate Symbol(s): BARUF

Metals & Mining Gold

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.

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Baru Gold Corp

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Comment by DandyHon Sep 08, 2019 8:06pm

128 Views

Post# 30107106

RE:RE:EAS.v - coming week the magic week?

If anyone has been in business there is usually collateral that is pledged to the bank against the load. In this case the collateral is EAS. I would bet that there is contingency clause in the loan agreement. The continegcy clause would be EAS getting the permit before they can access the Money. This may have been why TFilbert sold his shares to pay for the permit costs.
IMHO for what its worth.

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