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.

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Baru Gold Corp

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Comment by 12manyon Mar 04, 2010 10:56am

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Post# 16842527

RE: RE: News - East Asia Minerals Intercepts New Z

Someone with deep pockets is intent on keeping the s/p down. Logical answer is a low $3 dilution to let some big boys in, lets hope they don't pull that off. If they want in the price should be above $4 and no warrants, this thing is too valuable to let go cheap and a slap in the face to the retail shareholder. They have already announced that they are flush with cash so the only reason is to let some f the big boys get a big peice of the action. JMHO

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