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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 marvelmakeron Apr 21, 2016 4:23pm
81 Views
Post# 24795899

interesting

interestingFrom the latest filings on their web page (Feb 1st, 2016), it looks like they wrote off two of their properties in 2014 and sold the rest. I am no expert but read it from their web site. If someone would like to clarify, what do they own? Anyone tried to contact them? Don't they have to issue a disclaimer when there is significant share activity saying whether they have material knowledge of why there is interest? Hoping to hear some more due diligent comments. This will be my last posting here till further notice. GLTA Rob
Bullboard Posts