RE:Hidden GemWhat do you think of the recent drill results? Pretty underwhelming if you ask me.
$70million market cap is a very fair valuation for an junior explorer. They do have the potential to be swallowed up by Barrick. IF, that is, they can find something more worthwile.
There are also certain members who have a history with Banro, a company that wiped out shareholder value in a bankruptcy that saw the gold producer get swallowed by a chinese firm. Some people lost big on that on.
It's possible to make money on Loncor. I've been in since 2013 but buyer beware.