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.

TSX:LN - Post by User

Loncor Gold Inc

Bullboard Posts

Post by Electrum.jkon Dec 07, 2011 2:23pm

174 Views

Post# 19300169

ANOTHER new LOW >>>

The company is wasting shareholders money because as drill results are OK, the dam shareprice keeps tanking.

IS management sending a signal ? That MANAGEMENT couldn"t careless about stock perrformance . OR they have other corporate plans to enhance insiders values. Or they lack marketing experience but then what are the PR and IR working at. Or results are not good.

Bullboard Posts

Advancing flagship Ishkõday Gold Project in Ontario