RE:Baru.v - $6m cash infusion + gold production All the pieces are in place now, and all the obstacles have
been overcome. The gold is there, as the criminal miners
proved while they thumbed their noses at everyone from
their neighbours to President
"Jokowi" who finally got the
wake-up call when Mr. Filbert said
"Enough, G/d it!" and
took the unpleasant but necessary step of filing a lawsuit
to resolve the matter. At the time it seemed outrageous to
some, but in retrospect it was
exactly what was needed because
"Jokowi" finally realised how close he'd come to
screwing the pooch in terms of Indonesia's status and
reputation as a
friendly domicile to international mining
companies and he knew
he had to do somehing, fast! Guess what?
it worked! "Jokowi" read everybody the
Riot Act from top-to-bottom,
and wow,
have things been happening ever since, until
here we are, about to finally pour some absolutely legal
gold produced by a local operator working under Baru's
purview and clearly with the blessing of
every level of the
Indonesian government. "National Vital Object" designation is
not bestowed for
frivolous reasons.
brodeur wrote: Get ready to rumble for this $7m market cap gold producer with 1-4K oz production per month netting just less than $1m cash flow per month once contract is executed and production is ramped up. Long time coming and this is going to explode higher very soon!
not a recommendation but if want to see (make) multi bagger...
https://www.stockwatch.com/News/Item/Z-C!BARU-3440400/C/BARU