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 > Gold above $1800

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Comment by 1kgcoffeeon Jan 04, 2022 11:21pm

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Post# 34283995

RE:Gold above $1800

You've been touting LN for the past several months, while the stock price continues to drop. The PEA was supposed to be the catalyst, but as expected, the market sold on news. Clearly the market is not impressed. LNs largest shareholder is not doing well financially, and there don't appear to be any interested parties.

What news do you expect, and what evidence do you have to support this? Besides feelings of hope?