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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 arrowhawkon Jul 01, 2022 7:23am
211 Views
Post# 34795870

A view on Canada, Doug Silver (on Kitco)

A view on Canada, Doug Silver (on Kitco)

"Silver noted that Canada developed a lot of the laws, regulations and frameworks for mining that were then exported around the world.

"You're in Canada. You follow all the Canadian laws, and then you go to a lesser developed economy where they don't have any of these laws, particularly environmental laws. Are you going to behave differently? Of course not. Your shareholders would crucify you. They naturally want you to be consistent across all your properties," said Silver. "You bring Canadian practices to that country, and if the practices do a good job, those practices will spread...making those country more transparent."

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