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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

Post by brodeuron Jul 26, 2020 11:16pm
283 Views
Post# 31322124

EAS.v - Gold junior breakout | 52 week high

EAS.v - Gold junior breakout | 52 week high

Closed highs of day Friday on breakout to 52 week high. CEO Terry Filbert says AMDAL in the next two weeks leading to production license.

Listen to the latest interview: https://youtu.be/5iy1wdJC9gQ

6
0-70% margins
Drilling program at Sangihe to drill and bring 2,000,000 oz gold into the books at low expense cause gold is at surface.
Bring second project Miwah with 3.14m oz gold and 9m oz silver into production and back onto the books. 

This unknown junior is starting to perk its head and the investing community is starting to figure it out; just STARTING to.


At $17m market cap, this has not even begun to the valuation most juniors have seen, let alone with an imminent production license and a 3.14m gold resource in a well known gold fault called the Sumatran Gold Fault where large scale and resource mines are already active.

As Mexico Mike says, bidding and waiting for shares to come to u can result in missing the boat. https://forum.mexicomike.ca/viewtopic.php?f=2&t=18183#top

Macro economics and the hot gold and silver market is supporting all juniors. When (not if) this undervalued junior catches up in valuation, it will be worth likely at least 6x from current $0.17 share price level, or bring it to a conservative $100m market cap, and increasing with Sangihe producing 1,000-4,000 oz per month at 60-70% margin, then drilling to increase resources, and then Miwah back onto books. 


Lots of catalysts for EAS to be the next multi multi bagger!
 

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