BARU.v - Another strategic move | Generation IACP MMMarket and most people don't get the significance on this, as the production permit is the key focus. While that is what everyone is looking for, hiring Generation IACP is going to bring much more benefit in the long term than the short term catalyst. I guess traders will always be traders.
Revenue for Generation IACP per DND is approx $10m/yr, which based on what BARU will generate with 1000oz gold per month will easily outpace that $10m/yr figure, thus IMO is not significant. It's what Geneartion IACP will do for BARU as it moves from a typical TSXV junior explorer/miner to revenue/profit generation.
Market maker is a simple concept (google it if don't know), and most growing companies will engage in a MM; thus not a distinct competitive advantage. However what I see is the other aspects: Investment Advisory, and Capital Partners. https://generationiacp.com/
Not going to go through their services as everyone can read for themselves. The outcome and how that impacts BARU is far beyond the current $5.5m in cash that will carry them to gold production. Gold production is pretty much a given. It's after and what Generation can do for BARU and the post-sangihe first 1000 oz gold setup, that is the more interesting part for me.
Yeah it's a MM and they facilitate an orderly trading day and make some profit in doing so. That's the surface of the ice berg. Deep down there is much more that will benefit BARU and with Sangihe growing to 4k oz per month production, further drilling, and eventual Miwah, this is a great tie up to increase furutre plans to fruitiion.