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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

Comment by 1kgcoffeeon Feb 15, 2021 3:16pm
77 Views
Post# 32569179

RE:Arlington Report on Loncor

RE:Arlington Report on LoncorHi Nozzpack, what do you have to say about this at the end of the report?


Loncor Resources Inc. (“Loncor” or the “Company”) is a corporate client of Arlington Group Asset Management Limited (“Arlington”). Arlington will receive compensation for providing fundraising, and other services to the Company including the publication and dissemination of marketing material from time to time. This note reflects the objective views of Arlington. However, the Company covered in this note pays Arlington a fee, commission or other remuneration in order that this research may be made available. This note meets the requirements of an acceptable minor non-monetary benefit under COBS 2.3A.19 R (5)(b). This note is a marketing communication and NOT independent research. As such, it has not been prepared in accordance with legal requirements designed to promote the independence of investment research and this note is NOT subject to the prohibition on dealing ahead of the dissemination of investment research.

In other words, this is not independent research. The part that really stuck out to me was the first paragraph where the author actually used an exclamation point. High school students would receive a failing grade  for taking such an approach.

Not professional research, and I would say it makes me more skeptical about the company that they have to pay someone to write nice things about them.

Will you write a nice post about me for $20?

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