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Bullboard - Stock Discussion Forum 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... see more

TSXV:BARU - Post Discussion

Baru Gold Corp > Baru.v - fully de-risked junior gold miner
View:
Post by brodeur on Feb 05, 2021 1:51am

Baru.v - fully de-risked junior gold miner

Get ready for for $1m per month revenue starting this year! Fully de-risked with upside as first project is getting ready for construction and production, next step is the second project with 3.14m gold and 10m oz silver!

https://equity.guru/2021/02/04/baru-gold-baru-v-gets-greenlight-for-sangihe-gold-project-from-indonesias-ministry-of-energy-and-mineral-resources/
Comment by Bvukmanic on Feb 05, 2021 9:41am
Fully de-risked? Not at all. Next step isn't Miwah...long way to go from 8400 oz per annum net oxide to 35,000! Amateur hour! LOL
Comment by brodeur on Feb 05, 2021 11:13pm
Amateur indeed just like those who never thought we would be at this stage. Company is going to miwah next cause sangihe is on auto pilot whether u believe or not. Obviously work to do, but it's straight forward from here.
Comment by brodeur on Feb 06, 2021 7:38am
Mr. Terry Filbert, CEO of Baru, commented, “Since 2017, I have been focused on bringing the Sangihe gold project into profitable cashflow production. After four long years we are now clear of obstacles to accomplish this goal.”  "Clear of obstacles" :-)
Comment by WellyPop on Feb 08, 2021 9:14am
considering your say, a price of .20 / sh would be more appropriate ...
Comment by Bvukmanic on Feb 10, 2021 10:06am
Miwah will never happen. Look at the environmental aspects, infrastructure, and geology. I don't think you know much about mining at all. 
Comment by Bvukmanic on Feb 10, 2021 10:09am
Sangihe will probably make everyone here enough money that they won't care about Miwah. I also wouldn't want to see it developed from an ecological standpoint - endangered orangutans, landslides, etc. If you've ever been to that region you probably wouldn't either.
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