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 > I backed up the truck yesterday

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Comment by 1kgcoffeeon Jan 11, 2021 10:08pm

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Post# 32273247

RE:RE:RE:RE:I backed up the truck yesterday

GoldenEra wrote: Loncor is a huge resource GH. Barrick will pay $2 a share later this year.

Goldenhope wrote:
nice grades and nice widths
7000 m drilling to be done in total 3 great holes so far

lots of more (good) results will easily crack 5 mill ounces IMO

Then why does the stock price continue to decline? Why aren't insiders buying more? More than $20k worth of stock.

I don't see barrick paying more than $1 if that at this point.

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