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 > Golden Retriever

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Comment by CountOfMeltedCriscoon Nov 04, 2021 2:14pm

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Post# 34087946

RE:RE:Golden Retriever

There's sure to be intense pressure for an up-sizing, given the speed with which they expect to reach production. The question is : does Mr. Filbert really want more than the nameplate $1.6 million? Or, is he going to say "That's enough!" and take a page from Show Business, whose axiom is "Always leave 'em wanting more.". And that would be brilliant, because all the shut-outs will now have their noses against the Baru Candy Store window and going, "I guess I'll have to go into the market to buy what I didn't get in the PP." And guess what that does to the share price? Uh-huh.

Method to Mr. Filbert's madness, methinks.