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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 sal_bandoon May 15, 2010 11:04am
299 Views
Post# 17102292

RE: RE: News to note . Insider buys @7.57

RE: RE: News to note . Insider buys @7.57You are right about the NR's. The stock could go either way. The best alternative is to short the Fuking markets. This is the only way to hedge.

HJD: Emerging markets Bear Plus
HMD: TSX Global Miners Bear Plus
HSD: S&P Bear Plus
HXD: TSX Bear

Just don't used HOD (you can lose your shirt in the time it takes to say "Mama"!). I used a little bit of HJD after the ecstatic move in the markets last Monday. The emerging markets really get hit hard when the global markets go down.
Here are the links for each:

https://204.225.175.241/fundprofile_betapro.aspx?f=HJU&lang=en
https://204.225.175.241/fundprofile_betapro.aspx?f=HMU&lang=en
https://204.225.175.241/fundprofile_betapro.aspx?f=HSU&lang=en
https://204.225.175.241/fundprofile_betapro.aspx?f=HXU&lang=en

I wouldn't use HXD because it has the Gold stocks in it (Barrick and Goldcorp). Be careful with HSD. It has the American blue chips. Thus, while they will all go down when the markets tank, the best bet here is HMD. This one has all the big copper and coal giants in it. Or, use HJD.
Bullboard Posts