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.

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Baru Gold Corp

Bullboard Posts

Comment by waterboy100on Nov 07, 2011 9:55am

235 Views

Post# 19214731

RE: More rock bottom dilution...

So the original PP was for 10 million ( 20 million shares ) Todays news says 13 million (26 million shares). The question is did they increase it by 3 million ( 6 million shares ) for a total of 13 million dollars or did they increase it by 13 million to make a total of 23 million dollars....the news is sort of vague !!

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