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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
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Post by Electrum.jkon May 31, 2013 12:05pm
229 Views
Post# 21467112

LONCOR the

LONCOR the

darling stock of DRC.

Today it has a big volume trading day but this MeaningLess Institutional trading.

Yes, even the Institutions are losing confidence and selling as the stock trades at $0.30.  A FOUR Year LOW. AFTER doing financings at the 1 and 2 buck levels no investor has made a buck.

Bullboard Posts
Dealroom for high-potential pre-IPO opportunities