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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 Jun 17, 2011 1:30pm
209 Views
Post# 18730045

RE: The truth hurts- and the markets show it!

RE: The truth hurts- and the markets show it!ok rockhound I am going to be civil. This is the question I would like you to answer:

1. The collapse in the stock price. Why did it happen? Did it happen because of the 43-101 (my thesis), or did it happen because (a) the directors left, etc (b) MH is selling shares (c) senior management is living in HK.

I am buying more stock. I am just picking my spots. The last time you came on the board you were making noises about the 43-101 (not being completed on time). Now you are talking about the spin-offs not being completed. And this in spite of the latest release that told you that they are waiting for the required documents. And I am not expecting an imminent offer from any major. And I agree that there has to be further drilling to move the stock. But you come out with stuff for which you have no proof. We can all speculate on the reasons why - but that is all we are doing - speculating.

Now, you could be saying that the company is committing fraud (after all you do make snide comparisons to Bre-X) and if that is the case please come right out and say it instead of all these innuendos.
Bullboard Posts