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Bullboard - Stock Discussion Forum 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... see more

TSXV:BARU - Post Discussion

Baru Gold Corp > EAS.v - Updates | AMDAL to move share price up exponentially
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Post by brodeur on Aug 29, 2020 1:05pm

EAS.v - Updates | AMDAL to move share price up exponentially

Couple updates this week from company all leading to successful amdal, and moving forward with post AMDAL activities. Warrant exercises is filling the bank with money for company to move forward with such activities. While AMDAL could be delayed, company is already moving to post amdal activities into production license, construction financing, and gold production in the new year.

Simply due to the pessimism in the market towards EAS, once AMDAL is announced and achieved/approved, this will be like a slingshot upwards. This is similar to recent market movement of COVID lows in March....we all know what has happened since the panic selling mid March.

1) AMDAL delayed by likely a week: https://www.stockwatch.com/News/Item?bid=Z-C:EAS-2956186&symbol=EAS&region=C

2) Equity Guru update: https://www.youtube.com/watch?v=adACEC47a2g

3) Land acquisition: https://www.stockwatch.com/News/Item?bid=Z-C:EAS-2951773&symbol=EAS&region=C

4) Warrants being exercised, giving money to company to move forward: https://www.stockwatch.com/News/Item?bid=Z-C:EAS-2952895&symbol=EAS&region=C

And last but not least, Mexico Mike update: https://forum.mexicomike.ca/viewtopic.php?t=18183#p229854
Comment by Miner29er on Aug 29, 2020 1:24pm
Hopefully there isn't too much of a knee jerk reaction to the delay. I think those who panicnsell now will regret it within a day or two of selling. Considering the company is moving beyond amdal planning as you mentioned. Once it comes they will be much further ahead than most think. I suspect there will be. A flurry of news expected in sept. 
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