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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 godmanon Aug 15, 2010 4:08pm
519 Views
Post# 17352149

Costal and Desert

Costal and DesertI have been in and out of this stock since 2.75, not like some at 50 cents when it reached 8.50 my instincts said sell, but it was such a big pile of gold I was afraid of bailing and not getting back in, big mistake in hind sight. But it is still a big pile of gold and I can't imagine The Coffins or especially Sprout stick 15 mil int this company and not be at least pretty sure it will be a development at sometime. My 10,000 shares are prettypunny to their positions.
Gold has no choice but to go up, with what is happening in the US and Europe, we should be at least $2500 an ounce to match the 1980s peak and with the worse situation we are in it should be $5000 an ounces!!!
I have a big pile of bullion in my safty deposit box and several other gold juniors and I feel very confident in them all. I hope things do not go real bad because most of my money is in real estate in Victoria. So either way I am covered. 
The good thing is China and India are strongly developed and are and will have a great internal economy  which is good for Canada. Hopefully the down fall of the US economy will be of set by these countries.IMHO
Bullboard Posts

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