The Last Time
Inflation Was This Bad,
Gold's Price Nearly Tripled In a Day
With Gold At a 4-Month High, (1) and Inflation Worsening, Companies Like Leocor Gold Have Historic Upside Potential.
Canada CSE: (LECR) United States OTC: (LECRF)
About This Company
Leocor Gold Inc is engaged in the acquisition and exploration of precious metal projects.
The company holds interests in Dorset Gold Project located in the Province of Newfoundland, Canada, south of the Pine Cove Gold Mine and Shotgun Project located in the north-west of the town of Pemberton, British Columbia.
Top 9 Catalysts For Leocor Gold’s
Canada CSE: (LECR) United States OTC: (LECRF)
Price Tripled
The last time we saw an inflation crisis this bad was “The Great Inflation” between 1967-1982. During its height in 1971, the price of gold nearly tripled in one day from $42 to $120 an ounce.(4)
Price Tripled
The last time we saw an inflation crisis this bad was “The Great Inflation” between 1967-1982. During its height in 1971, the price of gold nearly tripled in one day from $42 to $120 an ounce.(4)
Price Tripled
The last time we saw an inflation crisis this bad was “The Great Inflation” between 1967-1982. During its height in 1971, the price of gold nearly tripled in one day from $42 to $120 an ounce.(4)
Price Tripled
The last time we saw an inflation crisis this bad was “The Great Inflation” between 1967-1982. During its height in 1971, the price of gold nearly tripled in one day from $42 to $120 an ounce.(4)
Price Tripled
The last time we saw an inflation crisis this bad was “The Great Inflation” between 1967-1982. During its height in 1971, the price of gold nearly tripled in one day from $42 to $120 an ounce.(4)
Price Tripled
The last time we saw an inflation crisis this bad was “The Great Inflation” between 1967-1982. During its height in 1971, the price of gold nearly tripled in one day from $42 to $120 an ounce.(4)
Price Tripled
The last time we saw an inflation crisis this bad was “The Great Inflation” between 1967-1982. During its height in 1971, the price of gold nearly tripled in one day from $42 to $120 an ounce.(4)
Price Tripled
The last time we saw an inflation crisis this bad was “The Great Inflation” between 1967-1982. During its height in 1971, the price of gold nearly tripled in one day from $42 to $120 an ounce.(4)
Price Tripled
The last time we saw an inflation crisis this bad was “The Great Inflation” between 1967-1982. During its height in 1971, the price of gold nearly tripled in one day from $42 to $120 an ounce.(4)
Top 9 Catalysts For Leocor Gold’s
Canada CSE: (LECR) United States OTC: (LECRF)
Top 9 Catalysts For Leocor Gold’s
It is so much worse, though, than anyone realizes, and it will get worse.
Keeping politics out of it, let’s have a little Economics 101 lesson. What in the heck do you think happens when money keeps printing as the GDP uncontrollably heats up? What happens when the Fed shows zero interest in tapering their bond-buying program or hiking interest rates? Meanwhile, the government just wants to spend more money.
Is this what utopia is supposed to look like?
This is basic economics, folks. Recklessly printing money does not work, and we have spending packages, after spending packages, after spending packages being proposed. The world isn’t shut down anymore, and economic activity is rebounding. What in the world do you think will happen?
I have also been telling friends and family to potentially add gold exposure as a hedge for months and months. Many thought I was crazy when gold bottomed in March, and it reached its lowest point in almost a year at about $1673/oz.
But now that everyone sees the inflation crisis we have brewing and is leaving the supermarket, pharmacy, and gas station, cursing the world, things have changed. Since that March low, the price of gold has advanced 13.78% to a 4-month high of approximately $1903.80.
Technicals and Fundamentals Look Like a Gold Mine
Canada CSE: (LECR) United States OTC: (LECRF)
How Printing Money Can Cause Insflation
Many of the company’s technical indicators show bullish promise too, such as its 20 Day Moving Average, 20 – 50 Day MACD Oscillator, 20 – 200 Day MACD Oscillator, 50 Day Moving Average, 50 – 200 Day MACD Oscillator, 100 Day Moving Average, 150 Day Moving Average, 200 Day Moving Average, and 100 – 200 Day MACD Oscillator.(7)
Furthermore, when you consider that the stock’s float of about 28.46M is generally minimal,(8) this is a stock that has the potential to move and move fast. After all, a stock that advances over 111% in the matter of less than 2-months is one with explosive possibilities. On May 26, 2021, alone, for example, it moved about 12.12%.(6)
Fundamentally, the stock has a lot of things to cheer about too. Leocor’s Altman Z-Score of potentially 45.6(9) is over 15x more than the ideal score of 3, indicating robust financial health and low bankruptcy risk. Its current ratio and quick ratio of roughly 36.9x(10) and 36.4x,(11) respectively, also indicate that the company may have more than enough short-term assets to offset short-term debts and liabilities.
Who is Leocor Gold?
Canada CSE: (LECR) United States OTC: (LECRF)
Newfoundland offers one of Canada’s most extensive mining histories, with small-scale mining dating back to the 1770s, which expanded into a major industry by the 1860s. As a result, the province offers world-class geology, significant infrastructure, and unparalleled access to a skilled workforce. The Island of Newfoundland also represents an emerging, underexplored gold district, where focused exploration for precious metals was essentially non-existent before the early 1980s.
According to CEO Alex Klenman, “Newfoundland is getting ready to undergo one the most aggressive gold exploration phases since the 1988-89 rush where more than 80% of the known gold showings were discovered. With the compilation and interpretation of new data, Leocor is positioned for discovery on some of these key structures.”(12)
The company has assembled an experienced leadership and advisory team with decades of success in exploration and discovery, including award-winning and well-respected prospector Shawn Ryan.
Leocor’s district scale, Atlantic Gold Portfolio, encompasses 152,822 hectares (377,631-acres) across three separate mining districts: The Western Exploit District, Baie Verte District, and the Gander District across north-central Newfoundland’s Dunnage Zone.(12)
Its Western Exploit District is about 144,000-ha and 100% owned, with 5,760 mineral claims, the Baie Verte District is 100% owned, with a 1,975-ha advanced gold exploration project, and the Gander District is a 70% owned, 6,847-ha gold exploration project.(12)
The previous exploration has confirmed the presence of multiple zones of high-grade gold mineralization. According to Shawn Ryan’s data, the company’s most recent acquisition in its Western Exploit District may have new discovery potential at scale across previously unexplored lands.
Project 1: The Western Exploit District
Canada CSE: (LECR) United States OTC: (LECRF)
Robert's Arm Project
Location: The NW corner of the project is 2 km south of the community of Roberts Arm.
Claims: The claims cover 12 mineral licenses for 1,706 claims, or 42,650 hectares (426 square km).
Access: Highway 380 runs through the NW corner of the claim block, with Forestry roads running through 8 of the 12 licenses.
Highlight: The property straddles 38 km of the Red Indian Line suture zone. It also has approximately 200 km of magnetic high lineaments, which are untested gabbros.
Gold Targets: The western and northern boundaries straddle 38km of the RedIndianLine(RIL) suture zone, the primary structural contact between the Laurentia and Ganderia Terrain boundaries. Some early gold exploration (1987 & 2004) and the RIL structure 50 km to the ENE uncovered over (30+) gold occurrences stretching along 22 km of the RIL – either on the RIL or within 6 km of the structure.
The minimal gold exploration in the NW corner of the project (late 1980s and early 1990s) discovered 4 gold occurrences associated with either the Red Indian Line structure or the Gummy Brook Gabbro.
The project has about 200km of distinct magnetic high units (Gabbros) outlining regional anticlines –synclines that have never been tested for gold. This is the same setting as one of the known gold occurrences (on a prospector claim in the SW corner of the project) and is the same geological setting as the Baie Verte (Pine Cove) deposit 50 km to the NNW.
The Newfoundland Government regional till survey post-1980s gold exploration, indicates anomalous gold and arsenic associated with the regional anticlines and gabbros. These till’s have never been investigated. This is a unique opportunity as the majority of the claim block has never seen any gold exploration.
How Printing Money Can Cause Insflation
Many of the company’s technical indicators show bullish promise too, such as its 20 Day Moving Average, 20 – 50 Day MACD Oscillator, 20 – 200 Day MACD Oscillator, 50 Day Moving Average, 50 – 200 Day MACD Oscillator, 100 Day Moving Average, 150 Day Moving Average, 200 Day Moving Average, and 100 – 200 Day MACD Oscillator.(7)
Furthermore, when you consider that the stock’s float of about 28.46M is generally minimal,(8) this is a stock that has the potential to move and move fast. After all, a stock that advances over 111% in the matter of less than 2-months is one with explosive possibilities. On May 26, 2021, alone, for example, it moved about 12.12%.(6)
Fundamentally, the stock has a lot of things to cheer about too. Leocor’s Altman Z-Score of potentially 45.6(9) is over 15x more than the ideal score of 3, indicating robust financial health and low bankruptcy risk. Its current ratio and quick ratio of roughly 36.9x(10) and 36.4x,(11) respectively, also indicate that the company may have more than enough short-term assets to offset short-term debts and liabilities.
Robert's Arm Project
Location: The NW corner of the project is 2 km south of the community of Roberts Arm.
Claims: The claims cover 12 mineral licenses for 1,706 claims, or 42,650 hectares (426 square km).
Access: Highway 380 runs through the NW corner of the claim block, with Forestry roads running through 8 of the 12 licenses.
Highlight: The property straddles 38 km of the Red Indian Line suture zone. It also has approximately 200 km of magnetic high lineaments, which are untested gabbros.
Gold Targets: The western and northern boundaries straddle 38km of the RedIndianLine(RIL) suture zone, the primary structural contact between the Laurentia and Ganderia Terrain boundaries. Some early gold exploration (1987 & 2004) and the RIL structure 50 km to the ENE uncovered over (30+) gold occurrences stretching along 22 km of the RIL – either on the RIL or within 6 km of the structure.
The minimal gold exploration in the NW corner of the project (late 1980s and early 1990s) discovered 4 gold occurrences associated with either the Red Indian Line structure or the Gummy Brook Gabbro.
The project has about 200km of distinct magnetic high units (Gabbros) outlining regional anticlines –synclines that have never been tested for gold. This is the same setting as one of the known gold occurrences (on a prospector claim in the SW corner of the project) and is the same geological setting as the Baie Verte (Pine Cove) deposit 50 km to the NNW.
The Newfoundland Government regional till survey post-1980s gold exploration, indicates anomalous gold and arsenic associated with the regional anticlines and gabbros. These till’s have never been investigated. This is a unique opportunity as the majority of the claim block has never seen any gold exploration.
Top 9 Catalysts For Leocor Gold’s
Canada CSE: (LECR) United States OTC: (LECRF)
Robert's Arm Project
Location: The NW corner of the project is 2 km south of the community of Roberts Arm.
Claims: The claims cover 12 mineral licenses for 1,706 claims, or 42,650 hectares (426 square km).
Access: Highway 380 runs through the NW corner of the claim block, with Forestry roads running through 8 of the 12 licenses.
Highlight: The property straddles 38 km of the Red Indian Line suture zone. It also has approximately 200 km of magnetic high lineaments, which are untested gabbros.
Gold Targets: The western and northern boundaries straddle 38km of the RedIndianLine(RIL) suture zone, the primary structural contact between the Laurentia and Ganderia Terrain boundaries. Some early gold exploration (1987 & 2004) and the RIL structure 50 km to the ENE uncovered over (30+) gold occurrences stretching along 22 km of the RIL – either on the RIL or within 6 km of the structure.
The minimal gold exploration in the NW corner of the project (late 1980s and early 1990s) discovered 4 gold occurrences associated with either the Red Indian Line structure or the Gummy Brook Gabbro.
The project has about 200km of distinct magnetic high units (Gabbros) outlining regional anticlines –synclines that have never been tested for gold. This is the same setting as one of the known gold occurrences (on a prospector claim in the SW corner of the project) and is the same geological setting as the Baie Verte (Pine Cove) deposit 50 km to the NNW.
The Newfoundland Government regional till survey post-1980s gold exploration, indicates anomalous gold and arsenic associated with the regional anticlines and gabbros. These till’s have never been investigated. This is a unique opportunity as the majority of the claim block has never seen any gold exploration.
How Printing Money Can Cause Insflation
Many of the company’s technical indicators show bullish promise too, such as its 20 Day Moving Average, 20 – 50 Day MACD Oscillator, 20 – 200 Day MACD Oscillator, 50 Day Moving Average, 50 – 200 Day MACD Oscillator, 100 Day Moving Average, 150 Day Moving Average, 200 Day Moving Average, and 100 – 200 Day MACD Oscillator.(7)
Furthermore, when you consider that the stock’s float of about 28.46M is generally minimal,(8) this is a stock that has the potential to move and move fast. After all, a stock that advances over 111% in the matter of less than 2-months is one with explosive possibilities. On May 26, 2021, alone, for example, it moved about 12.12%.(6)
Fundamentally, the stock has a lot of things to cheer about too. Leocor’s Altman Z-Score of potentially 45.6(9) is over 15x more than the ideal score of 3, indicating robust financial health and low bankruptcy risk. Its current ratio and quick ratio of roughly 36.9x(10) and 36.4x,(11) respectively, also indicate that the company may have more than enough short-term assets to offset short-term debts and liabilities.
Robert's Arm Project
Location: The NW corner of the project is 2 km south of the community of Roberts Arm.
Claims: The claims cover 12 mineral licenses for 1,706 claims, or 42,650 hectares (426 square km).
Access: Highway 380 runs through the NW corner of the claim block, with Forestry roads running through 8 of the 12 licenses.
Highlight: The property straddles 38 km of the Red Indian Line suture zone. It also has approximately 200 km of magnetic high lineaments, which are untested gabbros.
Gold Targets: The western and northern boundaries straddle 38km of the RedIndianLine(RIL) suture zone, the primary structural contact between the Laurentia and Ganderia Terrain boundaries. Some early gold exploration (1987 & 2004) and the RIL structure 50 km to the ENE uncovered over (30+) gold occurrences stretching along 22 km of the RIL – either on the RIL or within 6 km of the structure.
The minimal gold exploration in the NW corner of the project (late 1980s and early 1990s) discovered 4 gold occurrences associated with either the Red Indian Line structure or the Gummy Brook Gabbro.
The project has about 200km of distinct magnetic high units (Gabbros) outlining regional anticlines –synclines that have never been tested for gold. This is the same setting as one of the known gold occurrences (on a prospector claim in the SW corner of the project) and is the same geological setting as the Baie Verte (Pine Cove) deposit 50 km to the NNW.
The Newfoundland Government regional till survey post-1980s gold exploration, indicates anomalous gold and arsenic associated with the regional anticlines and gabbros. These till’s have never been investigated. This is a unique opportunity as the majority of the claim block has never seen any gold exploration.
Project 3: Gander District
Canada CSE: (LECR) United States OTC: (LECRF)
The Gander District is Leocor Gold’s third significant gold-producing district. It is best known for the Startrek Property.
Robert's Arm Project
Location: The NW corner of the project is 2 km south of the community of Roberts Arm.
Claims: The claims cover 12 mineral licenses for 1,706 claims, or 42,650 hectares (426 square km).
Access: Highway 380 runs through the NW corner of the claim block, with Forestry roads running through 8 of the 12 licenses.
Highlight: The property straddles 38 km of the Red Indian Line suture zone. It also has approximately 200 km of magnetic high lineaments, which are untested gabbros.
Gold Targets: The western and northern boundaries straddle 38km of the RedIndianLine(RIL) suture zone, the primary structural contact between the Laurentia and Ganderia Terrain boundaries. Some early gold exploration (1987 & 2004) and the RIL structure 50 km to the ENE uncovered over (30+) gold occurrences stretching along 22 km of the RIL – either on the RIL or within 6 km of the structure.
The minimal gold exploration in the NW corner of the project (late 1980s and early 1990s) discovered 4 gold occurrences associated with either the Red Indian Line structure or the Gummy Brook Gabbro.
The project has about 200km of distinct magnetic high units (Gabbros) outlining regional anticlines –synclines that have never been tested for gold. This is the same setting as one of the known gold occurrences (on a prospector claim in the SW corner of the project) and is the same geological setting as the Baie Verte (Pine Cove) deposit 50 km to the NNW.
The Newfoundland Government regional till survey post-1980s gold exploration, indicates anomalous gold and arsenic associated with the regional anticlines and gabbros. These till’s have never been investigated. This is a unique opportunity as the majority of the claim block has never seen any gold exploration.
Strong Leadership, Strong Results
Source Header
Source 2: https://www.economicshelp.org/blog/634/economics/the-problem-with-printing-money/
Source 3: https://www.federalreservehistory.org/essays/great-inflation
Source 4: https://www.thebalance.com/gold-prices-and-the-u-s-economy-3305656
Source 5: https://www.forbes.com/sites/billconerly/2020/10/17/its-time-for-inflation-hedges-consider-gold-mining-stocks-and-farmland/
Source 6: https://yhoo.it/2RH2h8n
Source 7: https://www.barchart.com/stocks/quotes/LECR.CN/opinion
Source 8: https://finance.yahoo.com/quote/LECR.CN/key-statistics?p=LECR.CN
Source 9: https://finbox.com/OTCPK:LECR.F/explorer/altman_z_score
Source 10: https://finbox.com/OTCPK:LECR.F/explorer/current_ratio
Source 11: https://finbox.com/OTCPK:LECR.F/explorer/quick_ratio
Source 12: Leocor Gold Investor Deck- Client Provided Material
Source 13: https://www.nytimes.com/2021/05/27/business/economy/biden-plan.html
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(Last updated: 04-20-2024 3:15:05)