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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
Comment by Electrum.jkon Feb 26, 2013 3:58pm
86 Views
Post# 21044898

RE: RE: Dumping of Shares>>>

RE: RE: Dumping of Shares>>>

Althought Dumping has Stopped.............. BUYING that never existed continues to hibernate............

 

The company has 

#1 raised large sums of capital,

#2 developed a 1.0m  oz. gold resource,

#3 continues exploration,

#4 attracted a world class major as its big shareholder and

 #5 listed on the Amax... BUT...

But the Management and the Directors are not doing AN OUNCE of EFFORT to enhance shareholders value. And the lack liquidity on the TSX.V or the AMAX is so non existant its  "disgraceful".

I may sound dissatified .........I Am....

 

Bullboard Posts