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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...
contiguous block of 46 exploration permits covering an area of over 13,000 km2 to the northwest of Lake Edward in North Kivu province. The Adumbi gold deposit is found within the Company’s 84.68% owned Imbo Project area. At the Imbo Project, the Adumbi deposit holds an indicated mineral resource of 1.88 million ounces of gold, and the Adumbi deposit and two neighboring deposits hold an inferred mineral resource of approximately 2.090 million ounces of gold with 84.68% of these resources being attributable to the Company.
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Bullboard (TSX:LN)
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(20)
•••
mferguson71
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Comment by
mferguson71
on May 30, 2021 4:28pm
RE:RE:RE:ABX realized LN has already hit Tier 1 zone
I agree. It is limiting on taking adumbi project to production. But if you look at the management team I think they are keen on a takeover before then. I think it is a matter of time before the market
...more
(10)
•••
zzstocks70
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Comment by
zzstocks70
on May 30, 2021 10:17am
RE:RE:ABX realized LN has already hit Tier 1 zone
Our issue is our low share price... we are sitting ducks sub $1.00 ABX will most likely try to lowball with any offer. Imo...glta
Energy Co Unveils Q3 2024 Results: Record Growth & Strategic Expansion
posted Nov 21, 2024 9:00am by
Coelacanth Energy Inc.
-
|
In Q3 2024, Coelacanth started the construction of its planned $80.0 million infrastructure project that includes over 35 kilometers of pipelines and a facility to handle current behind pipe volumes and future expansions. Ultimately the facility will be able to handle approximately 16,000 boe/d of which Coelacanth has approximately 4,400 boe/d tested but shut-in at the 5-19 Two Rivers East pad ...read more
(3527)
•••
nozzpack
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Comment by
nozzpack
on May 30, 2021 6:25am
RE:RE:Updated PEA for Adumbi ..V Lake Proxy
I entirely agree with your point. In an earlier update of ABX exploration success.....Nov 2020....there were indications of excellent prospectivity for quite a few targets, but as only scout drilling
...more
(20)
•••
mferguson71
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Comment by
mferguson71
on May 30, 2021 1:02am
RE:Updated PEA for Adumbi ..V Lake Proxy
Nozz this is why I believe ABX has been quiet on all fronts when it comes to any exploration on Loncors properties. By releasing any information it only attracts more attention to the story and
...more
(3527)
•••
nozzpack
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Post by
nozzpack
on May 29, 2021 7:23pm
Updated PEA for Adumbi ..V Lake Proxy
You can view my initial PEA estimate which was posted several weeks ago, based on my own presumptive cost estimates. I earlier used Valintine Lake gold deposit as a proxy for LN's market cap , as
...more
(3527)
•••
nozzpack
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Comment by
nozzpack
on May 29, 2021 6:40pm
RE:ABX realized LN has already hit Tier 1 zone
Exactly. Those four new discoveries in East Imboe dwarf Adumbi in footprint size , as indicated by soil, trenching and artisanal data. Drilling Will begun within months . Why wait...
(10)
•••
zzstocks70
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Post by
zzstocks70
on May 29, 2021 2:41pm
ABX realized LN has already hit Tier 1 zone
Why piss around on exploration.... instead now focus on the resource package LN has proven up.....maybe they are sharpening their pencil. Time will tell....imo...glta
(10)
•••
zzstocks70
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Post by
zzstocks70
on May 29, 2021 2:39pm
ABX realized LN has already hit Tier 1 zone
Why piss around on exploration.... instead now focus on the resource package LN has proven up.....maybe they are sharpening their pencil. Time will tell....imo...glta
(3527)
•••
nozzpack
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Comment by
nozzpack
on May 29, 2021 2:20pm
RE:I lost $30,000 on the sister company BANRO
DRC is a very large area. Kibali has been operating for nearly a decade with no problems and Ugumbi is 220 km farther away than Kibali from the 3 troublesome provinces adoining the Uganda
...more
(12)
•••
1kgcoffee
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Comment by
1kgcoffee
on May 28, 2021 7:37pm
RE:I lost $30,000 on the sister company BANRO
Aren't you disturbed by the fact that Loncor management glossed over major material information by disloclosing it in the bottom of an unrelated news release, and not even indicating so in the
...more
(1)
•••
Murphymouse
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Post by
Murphymouse
on May 28, 2021 1:53pm
I lost $30,000 on the sister company BANRO
C'est la vie This time around I think then could pull it off. $4 stock
(3527)
•••
nozzpack
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Post by
nozzpack
on May 26, 2021 2:26pm
Some advanced Projects For a Spin out
More Advanced Projects Waiting to be Drilled These below are also high priority projects that have not be drilled at all or just a few holes a decade ago. All have artssanal and colonial workings
...more
(3527)
•••
nozzpack
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Comment by
nozzpack
on May 26, 2021 8:02am
RE:RE:RE:RE:RE:RE:New.. Another high grade intercept at Adumbi, ABX gone but,,
I was thinking that as well. Loncor has more than they can handle at Adumbi and Inboe East with prospects of 5 m ounces almost certain over the next while. A spin out would unlock the considerable
...more
(20)
•••
mferguson71
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Comment by
mferguson71
on May 26, 2021 6:23am
RE:RE:RE:RE:RE:New.. Another high grade intercept at Adumbi, ABX gone but,,
Ever since discovering Loncor Abx has been extremely quiet on any of the work the have done on the property. After the announcement yesterday (which details on results were very vague) I was kind of
...more
(3527)
•••
nozzpack
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Comment by
nozzpack
on May 26, 2021 5:18am
RE:RE:RE:RE:New.. Another high grade intercept at Adumbi, ABX gone but,,
Had not thought about that angle re ABX ceasing their exploration program. Makes good sense. That discovery just north of Makapela by ABX in 2020 have the makings of another high grade
...more
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