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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

Comment by mrburnson May 02, 2021 5:29pm
127 Views
Post# 33111448

RE:RE:Baru Gold Corp Provides Update on Land Acquisition Process

RE:RE:Baru Gold Corp Provides Update on Land Acquisition ProcessI haven't built and constructed an open pit heap leach gold mine before....just saying. Let alone where to start or logistics planning.

I read BARU's A;pril 21 2021 news release "the Company held one-on-one meetings with over 100 landowners to answer questions and address concerns."    That is alot of individual/single meetings.  How is it humanly possible to meet and speak with over 100 landowners - March 22 and March 24 was the socializing meet. 

After the meet, BARU's team had to talk to each landowner; review and offer a land acquisition package. That works out to be 3 meets per day in April ( over 100 landowners 30 days in April)
How many you think agree and sign on day 1? 
 
IMHO the approach BARU is taking will lead to the success and longevity of Sangihe - full disclosure and transparency.

Rather have BARU complete the land acquisition process properly even if it takes longer. 
JMHO
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