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Bullboard - Stock Discussion Forum Loncor Gold Inc T.LN

Alternate Symbol(s):  LONCF

Metals & Mining Gold
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 > Unfortunate
View:
Post by Aberta1 on Apr 14, 2022 11:40am

Unfortunate

It is unfortunate that after proving a 5 mil oz resource 

-No senior has intersted
-No intermediate has interested
-A large shareholder  struggles to be profitable..selling their second exploration investment to raise money.
-Government of DRC?
-Will need fresh funding for the second half 2022
-Nearing a 52 week low.
-Resourse nearing $2000 oz

Tough as a retail to find positive points
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