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

Comment by mferguson71on Oct 21, 2020 6:49pm

105 Views

Post# 31759450

RE:RE:ABX --- Exciting views for Loncor shareholders

I'm adding all day long at these levels. Waiting on news on a few other holdings. On a weekly chart we are sitting right at buy levels for RSI. Today was a good close for us. Remember how tightly held Loncor is with the major shareholders and management owning 59% of shares. This leaves 46.12 million share out. Looking forwards to Barricks next news release regarding Loncor or even our own.

Bullboard Posts

5 steps to mastering risk management in the stock market