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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 Wayne48on Oct 13, 2010 1:53pm
394 Views
Post# 17559604

Gold Price & Gold in the Ground

Gold Price & Gold in the GroundSince September 30 when EAS  closed at $5.51 we have had a steady but not overly spectacular climb to today's (so far) high of $7.65.  Seems to me the reasons for this are the advancing price of gold and the creeping realization that this deposit may stretch from the Miwah Bluff to Sipokok to Moon River.  My intuition tells me that some folks are buying like that is a foregone conclusion.  Personally I wouldn't be surprised by the size that this will eventually grow to.  And I think others are staking their postions as I write.  It's all good.  
I was thinking the other day that EAS is the easiest stock to hold today...we're just watching the price of gold go higher and higher and our resource getting  bigger and bigger.  This is as close to a sure thing as you will ever get.
Wayne48
Bullboard Posts

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