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!