Baru Gold Corp V.BARU

Alternate Symbol(s): BARUF

Metals & Mining Gold

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

Baru Gold Corp

Bullboard Posts

Post by 3baron Jan 25, 2011 5:46pm

382 Views

Post# 18025291

Sisters It is always darkest just before

things get really black . Gold could go lower and so could EAS .

There is the " Greed " factor that might help us out . Gold if it drops through 1320 will stop in the 1275 - 1290 area . This will give us a typical 10 to 12 % correction . The traders know where these stops are and will rush in to get ahead of the trade .

Eas could break the 5.75 area and retest the 5 $ area as worst case . My guess the value is getting so incredible that it will draw the traders back in order to beat the herd .

Your right about margin and a kick in the groin though . Or did you say that ?

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