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 on a run up

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Post by nozzpackon Jan 19, 2022 8:40pm

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Post# 34335616

Gold on a run up

Maybe just a manipulated puff or maybe IT funds are looking for their next meme, now that technology stocks are crashing back to reality.

Curious too about what's going on behind the scenes here.
No financing announcement.
No drilling announcement .

Just silence .

Are they waiting until the cheap 50 cent paper is flushed out ?

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Two micro-cap stocks with strong fundamentals