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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 May 07, 2010 4:14pm
323 Views
Post# 17075754

RE: Are these guys selling and buying the 100 and

RE: Are these guys selling and buying the 100 andThis is just a guess on my part . It does look like a computer is programed to trade the stock probably  more than one .

Every 30 sec or so a trade goes through for 100 or 200 shares . It follows trend or maybe starts or changes trend . Depending on the momentum it senses from the bid ask sizing .

It also puts in a price at which it will buy 4000 to 5000 shares at the bid but only after the one is sold . So it will sit for hours putting 5000 shares in at 7.55 a few secs after the one offered is taken .

Probably more complicated than that .

jack
Bullboard Posts