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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 TheCardinalon Aug 30, 2022 12:51pm
270 Views
Post# 34929948

And the Wheels of Justice begin to TURN!

And the Wheels of Justice begin to TURN! Seems the lawsuit was the wake-up call needed, appears a serious investigation is underway by the Indonesian Police ( not the bought-off local Sangihe PD ) and arrests are imminent. 

As a poster on CEO.CA noted, the short squeeze here could be spectacular.   Pay no attention to any "official" short interest, the naked short here was laid off "wink-wink, nudge-nudge" style.  But when the fails-to-deliver start to pile up, the logjam breaks wide open, and there'll be no stopping it. 

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