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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 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.


TSX:LN - Post by User

Bullboard Posts
Post by Electrum.jkon Nov 28, 2011 11:54am
199 Views
Post# 19271268

NEWS release and todays MARKET

NEWS release and todays MARKETWell the major markets are showing a strong advance. And Loncor's NR of today shows some encouraging results.
But they are meaningless as the company's " Investor Relation Activity" is lacking or non existant.  Perhaps Loncor could save money by delisting from the TSX-V and Amex. The stock never or seldom trades over 500 or 1000 shares per day. So why a dual listing.
Bullboard Posts