Loncor Gold Inc T.LN

Five million ounces just around the corner.

[OldGold]

    It has been a while since I have posted on Loncor, but I have been closely following them from the sidelines. I have made a quick trip for a look-see at how things are going, and things are going very quickly. The last time I posted a video on Loncor, some said if the price ever got to 80 cents, they would be amazed. The stock price has well and truly shot past that. Watch my video, and you will soon see why I think $5 is not that big of a leap from here.

     The guys are expanding the camp and building an airport to support the site. The deeper they drill, the better the grade, so the resource is set to continue to grow. The company has commissioned a PEA, a preliminary economic assessment, and you can be sure they have already done some back of the envelope numbers before commissioning it, and building an airport, so the numbers must look very good.

        The big deal about getting to five million ounces is that it will get the attention of the big boy. Teir 1 deposits are getting harder to find, so the big boys are going to want in. It would expect to see over eight million ounces by year-end, if they continue to drill, and if they still have it. In my opinion, up is the only way this can go. It amazes me that Loncor is still below the radar of most investors, but not for much longer.

[nozzpack]

Thank you for the video and new information insights. This has been my view based on analytics, that Loncor is easily worth over $5 per share and will soon be the object of a bidding war. The cost estimates are already published for Adumbi, and their grade and resource estimates have been spot on when drilling results arrive. So, the PEA is already completed, awaiting only the last 4 drill holes

[GoldenEra]

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[GoldenEra]

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[GoldenEra]

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[nozzpack]

AGM tommorow . Loncor has so many advanced and premium assets that Kondradt nearing 70 will never see them advanced in the absence of a total buyout or spin outs as dividends to shareholders, of which he is the largest holder. Take for example that huge greenstone area vacated by ABX. We know there were some excellent first pass and scout drilling resukts but not meeting ABX requirement of at

[GoldenEra]

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