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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 Aug 15, 2011 3:36pm
446 Views
Post# 18944079

RE: RE: wish it is EAS...instead of CTN...

RE: RE: wish it is EAS...instead of CTN...From CTN news release:

"The company has held a number of community engagement sessions withinthe project area that have included teams from the departments ofmining, local legislative representatives, village heads and staff, andother community stakeholders. Villagers and stakeholders have beenhighly participatory and co-operative with respect to road access,construction and exploration programs in the region.

"We are very fortunate to have such strong local stakeholder support andnot be subject to protected forest permit constraints," stated DavidTafel, Centurion president and chief executive officer......."

CTN is also in the protected area and they don't have the permit either. If you look at their stock chart you will see that it resembles that of EAS. They can make as much noise as they like regarding "community engagement sessions .. blah...blah" but they are going nowhere until they get the permits. Maybe EAS is on the right track.

Bullboard Posts