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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
Post by 3baron Aug 05, 2010 1:09pm
644 Views
Post# 17324946

20 mill oz will sell for over 7 $ even in the

20 mill oz will sell for over 7 $ even in theworst case situation . This is one of those times where people just walked over the cliff .

Rumor of a spin off .  20 m or more oz still to be determined but in the optimistic case is there .

The whole thing started with the sell side view by Canaccord picked up by NM . With information on insider trades that were laughable if not so tragic . The forestry issue is legitimate but to believe every word/or not concider a comprimise is simplistic beyond belief .

Drills still turning and 3rd rig going to show a large step out to West and North . Will not stay down for long .
Bullboard Posts