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 > panicky act of desperation at last second or savage act?

<< Previous

Bullboard Posts

Next >>

Comment by jcw604on Aug 22, 2022 4:16pm

128 Views

Post# 34912358

RE:panicky act of desperation at last second or savage act?

Why asking instead of ordering? Because they have no right to do it. The CoW is still valid.

goldnerd wrote: Ouch, is Baru Gold going crazy? Obviously in an either intended affront against the Indonesian government or a panicky act of desperation at the last second they tried to force the drill rig parked at Pananaru harbor since June to be transported to the mining site. However, on the way the transporters hit some Independence Day decoration and damaged an electric cable which was meant for Independence Celebration. Embarassing enough, the sacred red and white Indonesian flag was torn to the ground into the dirt, and a picture of the regent of Sangihe who had written to PT. TMS the day before, was torn. Obviously the locals regarded this as a savage act of sacrilege. Things got out of hand as police didn't escort the transport due to a ruling by the Regent of Sangihe who had asked the company in her previous day's official letter to temporarily stop all activities until a final court decision will be reached. The wind screen of one truck got smashed, the drivers ran away. As mass rage endangered to destroy the trucks, SSI took over to secure the trucks. At least that is how they put in on SSI's facebook page noMiningonSangihe
It doesn't look good, guys...