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.

TSXV:BARU - Post by User

Baru Gold Corp

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Comment by KILOFINALon Sep 01, 2020 8:11am

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Post# 31485184

RE:RE:Fast mover

You could be right. When the Environmental Department says there are "administrative issues" related to the AMDAL meeting, don't be surprised if there are " administrative issues" that linger after the fact.

First, the delay was due to COVID, now the second delay is blamed on "administrative issues"....expect the stock price to continue drifting lower on low volume until there is more clarity. In a few hours it will be Wednesday in Indonesia, hopefully the AMDAL meeting happens in the near future.