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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

Post by mferguson71on Jan 17, 2021 11:40am
119 Views
Post# 32315418

Investing Views and Expectations.

Investing Views and Expectations. If 50 cents Is overpriced for the stock, but 40 is good value in one investors eyes. That's what make the market functional. But if you take a step back and you have two parties saying $1.00 in the buyout number vs $2.00 a share the end goal are both the same. A positive return on investment... whether you buy at $0.40 and sell at $1.00 or you buy at $0.50 and sell at $2.00. The way i see it, the stock is a great opportunity for all investors who are on this line of thinking. May positive returns benefit ALL shareholders.
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