Baru Gold Corp V.BARU

Alternate Symbol(s): BARUF

Metals & Mining Gold

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

Baru Gold Corp

Bullboard Posts

Post by Synchronouson May 13, 2008 5:12pm

491 Views

Post# 15069439

..and ..$37.5M PPlacement .. right on time.

Selling subscription receipts... one share and one half warrent.
4 month hold on shares.

Though this announcement does not delcare the price per receipt... only that it will be in context of the market.

I'm glad they are doing it right away... instead of getting shorted and manipulated down until the PP.

.. and I like the 4 month hold...

Maybe its time to get back into EAS...

Also looking at t.LMa and t.DIO ... as their aussy mine has started production. Though I dont hold any yet.

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