Report
EUR 95.41 For Business Accounts Only

Loncor Gold Inc. (TSX: LN / OTCQX: LONCF / FSE: LO51) – Similarities to Barrick’s Project Should Attract M&A/JV Partners – Resuming Coverage

Fundamental Research Corp has issued a report entitled “Similarities to Barrick’s Project Should Attract M&A/JV Partners – Resuming Coverage” and dated September 1, 2022. The full report is now at
Underlyings
Angling Direct

Angling Direct is engaged in specialist fishing tackle retailing in the U.K. Co. sells fishing tackle products and related products through a network of 15 Angling Direct retail stores located in the U.K. and also online via its own website (www.anglingdirect.co.uk) and other third party websites. Co. has sold over 21,500 fishing tackle products, including capital items, consumables, luggage and clothing. Co. also owns and sells fishing tackle products under its own brand 'Advanta®'. Co.'s retail stores are located in Sheffield, Lincoln, Wroxham, Norwich, Beeccles, Colchester, Clemsford, Waltham Cross, Rayleigh, Reading, Crayford, Sittingbourne, Ashford, Willenhall and Halesowen.

Barrick Gold Corp.

Glencore plc

Glencore is engaged as a natural resource companies. Co. is organized and operates on a worldwide basis in three main business segments: Metals and minerals, which comprised of zinc, copper, lead, alumina, aluminium, ferroalloys, nickel, cobalt and iron ore; Energy products, which comprised of crude oil, oil products, steam coal and metallurgical coal; and Agricultural products, which comprised of wheat, corn, canola, barley, rice, oil seeds, meals, edible oils, biofuels, cotton and sugar supported by investments in storage, handling, processing and port facilities.

LONCOR GOLD INC

Newmont Corporation

Newmont is primarily a gold producer with operations and/or assets in the United States, Canada, Mexico, Dominican Republic, Peru, Suriname, Argentina, Chile, Australia and Ghana. The company is also engaged in the production of copper, silver, lead and zinc. The company's operations are organized in five geographic regions; North America, South America, Australia, Africa and Nevada.

Perseus Mining

Perseus Mining is engaged in the mining operations and the sale of gold, mineral exploration and gold project evaluation and development in the Republics of Ghana, Cote d'Ivoire and Burkina Faso, in West Africa.

Resolute Mining Limited

Resolute Mining is a gold mining company. Co. is engaged in gold mining, and prospecting and exploration for minerals. Co.'s projects include: Syama Gold Mine (Syama), located in the south of Mali, West Africa; Ravenswood Gold Mine (Ravenswood), located in Queensland, Australia; and Bibiani Gold Project (Bibiani), located in Ghana. As of June 30 2016, Co. had an 80% interest in Syama, 100% interest in Ravenswood, and 90% interest in Bibiani.

Zijin Mining Group Co. Ltd. Class A

Zijin Mining Group Company Limited is a China-based company principally engaged in the exploration, mining, smelting and sales of gold and other metal minerals. The Company's main products include gold products, copper products, lead and zinc products, iron products, silver products, among others. Its gold products mainly include the mineral gold, standard gold bullions, gold ingots and gold concentrates, among others. The Company is also involved in the geographic survey businesses through its subsidiaries.

Provider
Fundamental Research
Fundamental Research

Since 2003, Fundamental Research Corp has provided the highest institutional quality equity research coverage on over 250 small and micro cap public companies through our extensive distribution network. Since 2009, we have also issued over 80 reports on exempt market (private) securities. Our research is being used by some of the largest institutional investors in the world who access it through channels such as Reuters, Capital IQ, the Globe and Mail, and by subscription. Our goal from the beginning was to provide high quality research to a broad audience, while adhering to high ethical standards and a strong foundation of integrity. These principles are evident in everything we do.

Our firm was created when we noticed that all equity research is paid for in one way or another, traditionally through corporate finance relationships. In 2003, it came to light that many investors were not aware that the research they were reading had potential conflicts between research and corporate finance. This led to large fines being levied on some large U.S. investment banks.

However, on the debt side, research relied upon by investors, and produced by firms such as Moodys is paid for, directly by the issuer to the research provider. The model is also used by auditors who are paid to provide an independent opinion to investors.

That brings us to today. To ensure high quality, continuous, and thorough research coverage, we employ full time in house analysts and industry specialists (such as a geologist). Because our analysts are in house, they are readily available to respond to investor inquiries, calls from institutions, and speak to management. We have invested in institutional platforms, such as Reuters Knowledge and Capital IQ, so that our analysts have access to the same high caliber information as the largest money managers in the world.

To ensure ethical behavior throughout our firm, we have, and continue to adopt CFA Institute Standards.

Our analysts are sought after by the media and at conferences to give their opinion on the markets, current topics of interest such as the direction of commodity prices, and top stock picks.

In the end, we are first and foremost a premier research firm that markets its research. A truly solid research firm is one that has full time analysts, access to the same information as large institutional investors, is ranked and adopts ethical and professional standards. The hard work we have done to establish our research is paying off. We have ranked in the Top Ten in independent third party evaluations of our research, and have developed a reputation for producing high quality research.


Analysts
Sid Rajeev

Other Reports on these Companies
Other Reports from Fundamental Research

ResearchPool Subscriptions

Get the most out of your insights

Get in touch