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Baru Gold Corp V.BARU

Alternate Symbol(s):  BARUF

Baru Gold Corp. is a Canada-based junior gold developer with NI 43-101 gold resources in Indonesia. 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

Bullboard Posts
Comment by Synchronouson Sep 19, 2007 4:00pm
68 Views
Post# 13429319

RE: synchronous

RE: synchronousOh... I agree it _should_ be worth more. I'm valueing it less than what KRI is getting... which is already very low. Since KRI's asset is soo much closer to production. EAS also has even less stock coverage than the dismal amount of promoting KRI has. I'm only talking intermediate term SP. (1-2 month) Logically it should be worth quite a bit more. But Mongolia still has a large risk factor sitting on it. Which isnt going to go away until... .. KRI comes home with a reasonable stability / mining agreement. Then I feel all the U junoirs will get a major boost ... likely back to tracking assest values in 1st world nations. Since this would be a template analysts / traders would use to apply to all the junoirs ...regardless of what they actually manage to negotiate. and would demonstrate how GoM deals with junoirs. Hell even if its 1.50 post-divy ... thats ~42% above today. ... though I can still hope for it to shoot to $5. :P
Bullboard Posts