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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 3baron Nov 06, 2009 1:28am
393 Views
Post# 16459529

RE: coffin brothers

RE: coffin brothersE. Coffin told me at the Toronto investment conference in Oct. he thought the stock would would end in the very high range for # of ozs basically because it is large and the feeder zones are such high grade . In this type of deposit volcanic they usually go deep and increase with depth .

So the # was 20 mill oz but am not sure if he was implying over several deposits or just this one . It was so high so as to seem to me at the time a bit of a joke as in you can not be serious  . At the time though had not read some of the informed posters like TheRock07. See my post  If you are new to this stock a few pages back .

Now you know why Pescod does not want to say the # of ozs for this out loud or quote  because if they are wrong they are going to look like fools .

jack
Bullboard Posts