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Bullboard - Stock Discussion Forum Loncor Gold Inc T.LN

Alternate Symbol(s):  LONCF

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

TSX:LN - Post Discussion

Loncor Gold Inc > Companies to follow
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Post by JPGOLD on Feb 16, 2022 11:38am

Companies to follow

I follow 2 other exciting companies in Africa, Asante Gold and Orca Gold.  Today Asante  announced a USD $ 100 Million financiing! Major backers keeping their pro rata share. Asante hit an all time high of $ 1.75 vs $ 0.30 last summer. ..Over $ 420 Million market cap. This will be Billion $ market cap icompany in 6 months. Very few in north america have even heard of this company. 

Loncor and Orca have the same potential to develop into major producers.  Both are trading at severaly depressed /discounted values. Loncor disclosd they are in discussions with strategics. Orca in discussions with Perseus.  IMO, both companies will soon be bought out...at much higher prices.
Comment by givemeabreak1 on Feb 16, 2022 11:46am
I like and own Asante.  I do not like Orca!  That said, I am seriously thinking of taking profits and selling my Asante shares!
Comment by nozzpack on Feb 16, 2022 2:18pm
You are right of course. Very few read this thread, indicative that Loncor is virtually unknown in the PM market compounded with the fact that gold stocks are still out behind the shed .But, with a 5000 year history , gold will always regain its flourish.
Comment by givemeabreak1 on Feb 16, 2022 6:09pm
Thank you Nozz I know I am right lol!
Comment by nozzpack on Feb 16, 2022 8:51pm
It's my opinion that, much like Orca, we will see a cash rich senior become a substantial owner of Adumbi, with Loncor carried to construction. Its my hope if not belief that those two shells waiting for a project will get their project as part of the deal such that satellites like Makapela under go expedited exploration and development . The mid March Road show was cancelled , so I expect ...more  
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