Loncor Gold Inc T.LN

$0.75 resistance

[mferguson71]

Looking back we continue to see higher highs and lower lows. This is good news as the stock continues to consolidate. A break put over $0.75 would be great to see. There are warrants that have a deadline from 1 year from the financing in March I believe. This is at $0.75 level I believe. Which would give the company some extra cash to continue drilling before coming back to the market again.

[nozzpack]

Two pending drill holes might just do that..

[mferguson71]

Between now and the end of the year we have two pending drill holes to come. Plus an PEA. I'm assuming the news will be spaced out. If that is the case we should see another drill hole released the first week of November. A person doesn't want to release big news like the PEA too close to the Christmas lull. My guess mid December at the latest. Like nozz has said adding in the latest hikes

[nozzpack]

As you can see, the news isn't being spaced out. Just one hole left to report. The PEA has been in progress since June. All of the cost parameters are known. The only lagged perimeter is the Resource size . The PEA is a parameter driven model. Most of the consultants work involves researching the historical data record and other non empirical  information most of which is already known.