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gorlock

09/28/11 9:50 PM

#7 RE: gorlock #6

and this:

Shareholders in junior miners who are willing to take on the risk of owning an exploration stage miner like Loncor Resources with promising drilling results are likely to capture a lot of capital appreciation as these companies go into their development and production stages.

Based on these drilling results, Loncor Resources looks like an attractive acquisition target by a company like Newmont Mining or AngloGold Ashanti Limited (AU). In fact, Newmont Mining already has a sizable stake in Loncor Resources, which is testament to the strategic interest of the majors in this region of the DRC.