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 > CONCLUDE...!

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Comment by CountOfMeltedCriscoon Jul 02, 2021 4:12pm

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Post# 33485664

RE:CONCLUDE...!

This is a stage-managed hatchet job from start to finish, cleverly-crafted, assiduously-assembled, and diabolically-deployed to keep the Company from delivering on production. Now, it comes down to this : Does the Company have all the right people lined up on its side?
If the answer is "Yes", good; if "No", then Evil has unfortunately won .... again.

WellyPop wrote: Reading the following observation, I can't see how BARU GOLD could lose this case in court ...!

For what reason BARU would be condemned ...!

" However, the Ministry of Energy and Mineral Resources through the Head of the Mineral and Coal Information Working Group (Minerba) of the Ministry of Energy and Mineral Resources Sony Heru Prasetyo said that gold mining in the Sangihe Islands did not violate the rules. Not only that, mining activities in the area have also received the blessing of the Governor of North Sulawesi Olly Dondokambey."

The letter issued by the Minister of Energy and Mineral Resources number 163.K/MB.04/DJB/2021 in January 2021 was in accordance with the environmental permit from the North Sulawesi Provincial Government.