Bullboard - Stock Discussion Forum 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... see more

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TSX:LN - Post Discussion

Loncor Gold Inc > Technicals are really good

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Post by 1kgcoffee on Feb 11, 2021 11:05pm

Technicals are really good

Just broke above the 50 and 200 day moving averages with a 'morning doji star'. I don't know if this trend will hold, but as long as some half decent news comes out, I could see us getting back to recent highs in the near term.

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Comment by GoldenEra on Feb 13, 2021 11:05am

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Comment by 1kgcoffee on Feb 14, 2021 7:04pm

My tune hasn't changed at all. Technicals are often wrong and and useful in the short term. I don't expect this 'go to the moon'. We either need some unbelievable drill results or Barrick to make an offer to go above $1. And I don't think they're in a rush. PEA is probably a couple years away.

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Loncor Gold Inc