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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

Post by brodeuron Nov 27, 2020 1:12am
876 Views
Post# 31987070

BARU.v - PR: Strategic Government & Community relations

BARU.v - PR: Strategic Government & Community relationsExtremely key hire here. Despite the PR and stockwatch headline saying "Baru names Husada as gov. relations manager for Sangihe", he is coming on board for both Sangihe and Miwah

Sangihe is pretty much done and deal sealed, and the big impact here is Miwah coming back online. This asset will get bought out i'm very sure. With 10% drilled and already 3.14m oz gold + 10m oz silver, no brainer if they continued drilling we will get to millions more gold and silver. Key is to get this back online, and co has $5.5m in the bank and now the a guru with key contacts: "including contacts from local, provincial, federal government agencies, military, police departments, NGOs (non-governmental organizations), local communities, contractors, media and even interest groups representing indigenous communities in remote areas."

This pretty much seals the deal for Miwah as well, now that rules have also been changed and passed to allow permitting by federal government on protected forest. 

Key hire. Just like payment for dead rent, the market has not understood the significance of this. Another buying opportunity for those who sees what this means: "
BHP and ITOCHU are massive global corporations - if this guy can make it work there EAS I mean BARU is a walk in the park!"

https://forum.mexicomike.ca/viewtopic.php?f=2&t=18183#p231445
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