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Bullboard - Stock Discussion Forum 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... see more

TSXV:BARU - Post Discussion

Baru Gold Corp > Real interesting: Baru Gold Corp. Adopts Shareholder Rights
View:
Post by GreenGoblin888 on Feb 05, 2021 7:01pm

Real interesting: Baru Gold Corp. Adopts Shareholder Rights

Just caught this:

Baru Gold Corp. Adopts Shareholder Rights Plan

https://ceo.ca/@thenewswire/baru-gold-corp-adopts-shareholder-rights-plan

Looking into the future...
Comment by DowsingR0d on Feb 08, 2021 11:22am
FYI for those who doesn't know what "poison pill" plan is.  It's a way for company to try and prevent and delay outside investors from buying out the existing group for cheap. Essentially those who have BARU shares now can buy more shares at a discount in the event a hostile group tries to buy up to 20%+ or beyond to gain control of the board. OBVIOUSLY if someone is doing ...more  
Comment by CountOfMeltedCrisco on Feb 08, 2021 2:55pm
The real takeaway here is that they give a damn about all the Shareholders, not just themselves; that in itself speaks volumes. 
Baru Gold Corp
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