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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 CountOfMeltedCriscoon Nov 20, 2021 10:04am
113 Views
Post# 34149169

RE:RE:Great trading pattern - 16 cents coming

RE:RE:Great trading pattern - 16 cents comingHere's a hint, from the Sept. 14 PR: 
"The initial area targeted for this drilling is covered in the Sangihe 2010 NI 43-101 report which identified 835,000 ounces of gold as an inferred resource between Binebase and Bawone villages over approximately 1.2 kilometres. An infill drilling program will be conducted in this area to upgrade some of the inferred resources into indicated and measured resource status"

If that can be turned into indicated resource, this is so undervalued anyone buying here needs to go to jail for robbery.  No problem, orange is one of my favourite colours.

But wait!  There's more!  ( as they say on late-night TV ) 
From the Sept. 22 "Reconnaisance Mapping" PR: 

All outcrops encountered in these four new prospects have been mapped with grab and channel samples and have been submitted to the Intertek Laboratory in Jakarta for assay analysis.

Frank Rocca, Chief Geologist of Baru Gold, commented, “All of these new prospects are very exciting as none are included in the resources covered in the Sangihe 2010 NI 43-101 report which identified 835,000 ounces of gold as inferred resources; and so, with further exploration, these resources have the potential to be expanded significantly. Also important to note, as with the area Baru will soon begin production on, the newly explored areas will not require the relocation of any homes or villages.”

This is better than Christmas, you don't have to listen to Aunt Bertha sing "Silent Night" off-key. 



SilverPhD wrote: I appreciate the sellers helping me build a decent position in the stock. Once Baru starts producing gold, this will be one of the most undervalued stocks. Hopefully they can expand the resource as well.
GoldenEra wrote: Loving the way this puppy trades.  Choppy Friday for golds and Baru trades well.




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