https://asiatoday.id/read/arsari-group-indonesia-set-to-acquire-canadian-mining-company-worth-usd-420-million

Small starter pit on Sangihe Island Indonesia, abt 220,000 gold oxides heap leach to begin then upgrade to Elocution drilling to confirm 1Moz  
BARUF has 2nd Miwah proj 3M oz

another breakout day on huge volume, intraday CAD$0.14

Dead rent, land taxes paid up.  Onto the oper permit

Three insiders excersize, cash enuf to pay for the permit + balance from PP closed last month.

This time BARUF.  Do it. 

LOI $35M PP for gold prodn out of Singapore 

Deck Jan 2025

mexicomike and reddit threads 👍 on BARUF

PP is closed.  Shareholder vote no Brainer, Hashim signs a deal.

News, extends deposit.  

Another up day with volume 

omg haven't visited in a long-time but the BARUF news releases this week are game changing.  A New president commissioner Hashim Djodohakimkusomo - bro of the new Indonesia president  AND signing a merchant bank to source production financing.  hmmmm permit is probably not far

The CEO is in the precious metals conference in Beaver Creek 2024

On SEC.GOV

https://acrobat.adobe.com/id/urn:aaid:sc:US:dc8bab8f-62b6-469e-ac7c-aeb15c8c1d81

fomo momo hodl the biz is delivering

These guys are going to full marketing; VRIC2024 and Roundup2024; Uranium Night on the 22nd with other well know uranium companies; they're hosting a lunch presentation on the 22nd.

#nunavut is hot and heating up. Atha Energy upsized their financing to $22.8M to acquire Latitude and 92 E

Couple weeks back their VP Expl staked all the properties surrounding Forum's new discovery deposit.

One of the best exploration (uranium) moves outside of the Athabasca

Forum Energy Metals To Present At The Red Cloud Fall Mining Showcase In Toronto - November 7 And 8, 2023

http://eepurl.com/iCO9Qs

Watch for it; SAVE THE DATE. Oct 31 2023

I look forward to host a very smart lady in my show-Dr. Rebbeca Hunter, @ForumEnergyMC VP of exploration.
We will discuss the recent drilling results at their Thelon Basin #uranium project and technical aspects of other projects in the $fmc portfolio.
If you have any Questions… pic.twitter.com/Y13W2dVYxx

— 📐triANGLE INVESTOR (@capnek123) October 25, 2023

Forum Energy extends ⚛️ mineralization on step out drill 🏗 at its Tattigaq property Thelon Basin Nunavut.

http://eepurl.com/iAsOOM

Baru Gold signs 2nd contractor for gold prodn operations
http://eepurl.com/iz721o

Bazinga https://money.tmx.com/quote/FMC/news/4873505345862901/Forum_Intersects_225_U3O8_over_111_Metres_on_the_Thelon_Basin_Uranium_Project

Forum presenting at the Precious Metals Summit at Beaver Creek, Colorado Sept 12 2023, 11:30am local

https://www.precioussummit.com/event/2023-precious-metals-summit-beaver-creek/

Indonesia police cracking down, new arrest

Forum deep dive from a European based uranium podcaster.

Investors starting to find BARUF another big volume day in Canada, gold production

Prigozhin plane shot down,

❗️Aircraft belonging to #Wagner PMC head #Prigozhin crashed in Russia.

All passengers on the aircraft were killed. Wagner founder Prigozhin allegedly was among the passengers of the plane, Russian media reported. pic.twitter.com/i5j29Db2Lh

— KyivPost (@KyivPost) August 23, 2023

👍

youtu.be/yedFIJsXnfU

YouTube stockboxmedia

Interview on site at the Thelon Basin, Cameco’s uranium discovery.

Breaking out on volume

Dr went to Nunavut to drill in July. Good volume in Canada FMC.V wonder whatsup

Nice some volume. From CEO chat, one investors POV, makes sense what BARUF did in this contract;

By understanding on the change from mou to the contract is risk. Given Co wants to issue/allocate total 65 hectares, if giving 100% of that to one contractor and that contractor doesnt perform, batu is screwed. Remember this is the first time they are doing this and with this specific contractor. Thus the change is a risk strategy where issuing less but to multiple contractors for total 65 hectares will be more strategic than issuing all 65 to one contractor. Another reason as stated there will be multiple contractors and each pays upfront fee/payment. An analogy: typical supply/vendor management; don't sink all ur marbles to one vendor.

 

August 9 Update https://forum.mexicomike.ca/viewtopic.php?t=18183

Signed. Deal done. Begins immediately, equipment already on site. Cashflow anticipated in 2 months.

https://forum.mexicomike.ca/viewtopic.php?t=18183

I was able to participate in a zoom call this morning with some of the management team to get some questions answered. The news this week outlined an MOU that both parties are advancing towards resolution. The deal is expected to be finalized within days and there are still negotiations playing out even late in the evening on Friday in Indonesia. This arrangement is structured to operate in effect more like a royalty deal whereby the partner company is responsible for all development and operating costs, but BARU will be paid 35% of the net gold output. That is a much better deal than what I had originally surmised from the news. The contractor is a local wealthy

MexicoMike had a ZOOM call with Terry, https://forum.mexicomike.ca/viewtopic.php?t=18183

I was able to participate in a zoom call this morning with some of the management team to get some questions answered. The news this week outlined an MOU that both parties are advancing towards resolution. The deal is expected to be finalized within days and there are still negotiations playing out even late in the evening on Friday in Indonesia. This arrangement is structured to operate in effect more like a royalty deal whereby the partner company is responsible for all development and operating costs, but BARU will be paid 35% of the net gold output. That is a much better deal than what I had originally surmised from the news. The contractor is a local wealthy