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Bullboard - Stock Discussion Forum Loncor Gold Inc T.LN

Alternate Symbol(s):  LONCF

Loncor Gold Inc. is a Canadian gold exploration company. The Company is focused on projects within an approximately 480 square kilometers (km2) area on the Ngayu Greenstone Belt in the Northeast of The Democratic Republic of the Congo (the DRC). The area is located over 220 kilometers southwest of the Kibali gold mine, which is operated by Barrick Gold (Congo) SARL. It owns or controls a... see more

TSX:LN - Post Discussion

Loncor Gold Inc > POG. at $2000
View:
Post by nozzpack on Mar 07, 2022 5:18am

POG. at $2000

Could be a black swan but only the DS Rotchils stand in the way of the full collapse of the PetroDollar hegemony of world commerce.

If the swan is white and given the massive holdings of gold by Russia and China, there is every incentive for those countries to have POG as high as possible for their gold backed currency.

While $15,000 gold may seem improbable now, just look how quickly oil has doubled in price.
Transient ? 

Who knows but logic says no....and many of those who hold gold and gold investments will become very wealthy.....and I am not aware of any other 5+ million ounce deposit trading at $15 per ounce

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