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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 siboon Apr 03, 2018 7:29am
87 Views
Post# 27818961

RE:PP

RE:PPYes, I have.  It's a no-brainer staffed as it is by experienced mining people and backed by deep pockets.  They have 225,000 oz. of near surface oxide to mine at under $500 an ounce with more to discover.  Their soon to be reached cash flow will finance development of their huge Miwah deposit (3.3 million oz.) so with some luck they'll never have to finance again.

The current price is a gift to investors who understand mining.
Bullboard Posts