Loncor Gold Inc T.LN

Loncor Price Potential - May 2013

[mferguson71]

The last time Loncor had a sustained price this high was when Loncor's share price went from $6.00 per share downwards to the $0.30 range back in May of 2013. To be honest I was not a shareholder of the company at that time (possibly a skew in prices due to a stock split) but either way it looks like LN continues to break out higher.

Patience is required by long term investors as Jesse Livermore quoted.

It never was my thinking that made the big money for me. It always was my sitting. Got that? My sitting tight!.... Men who can both be right and sit tight are uncommon." 

Looking forwards to sitting tight. Add to your winners and sell your losers.

[1kgcoffee]

Jesse was talking about being right, then sitting tight. The problem in Loncors case is that we could be right about the potential and long term opportunity and still get wiped out. Remember core gold? I also encourage you to do a little reading on Banro and Mr Arnold Kondrat, one of our current board members.They were a producer in the congo that went bankrupt under some strange circumstances