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

Comment by sal_bandoon Apr 12, 2010 9:25am

316 Views

Post# 16980741

Correction

No carboss, he is not saying that. There are three possibilities:

1.The EAS gold bonanza continues on to the CTN property
2. The EASgold bonanza tapers off when it hits the CTN property
3. There is nogold on the CTN property

You have to assign the appropriateprobabilities to each scenario. But, if you wanted to invest your hardearned dollars wouldn't you rather put it in a sure thing? It's badenough that we have to deal with the macro situation, i.e., monitor theprice of gold, watch out for the double dip, etc. Why take on more riskwhich is stock specific? I think that is what he meant.

Cheers

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