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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 > New Press Release - LONCOR GOLD ANNOUNCES PRIVATE PLACEMENT FINANCING
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Comment by nozzpack on May 27, 2022 7:55am
I have a feeling that these cheap financings are contributory positions before the event is announced. My hope is that there will be a project spin out to one of the waiting juniors managed by Loncor..
Comment by givemeabreak1 on May 27, 2022 2:43pm
Nozz  I am not sure what you mean by a contributory position before the event.  In actual fact the financing from  take over perspective is negative given a financing often occurs as a component of a take over offer.  That said, I hope you are right.  
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