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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 brodeuron Aug 08, 2023 9:26pm
146 Views
Post# 35578686

Baru.v - confirmed cash flow

Baru.v - confirmed cash flow Today's pr solidifies the MOU that Baru, a $7m market cap company, will start carrying hard $$$ revenue from gold sales, starting within 2 months. If the contracted contractor can produce 1k oz per month, that's near $700k per month for baru in revenue. The project is finally into production status, boost to market value, boost to sangihe residents, boost for the environment, and boost for next steps to follow in expanding the operation and financial valuation of this company.

$7m market cap now. Tomorrow, in 2 months, in a year....don't know what market cap we will be! 
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