Bullboard - Stock Discussion Forum Leocor Gold Inc C.LECR

Alternate Symbol(s): LECRF

Leocor Gold Inc. is a Canada-based resource company. The Company is involved in the acquisition and exploration of precious metal projects, with a focus in Atlantic Canada. It controls various gold-copper projects in exploration ground located within the prolific Baie Verte Mining District. Its Bae Verte portfolio includes the Dorset, Dorset Extension, Copper Creek and Five Mile Brook projects,... see more

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CSE:LECR - Post Discussion

Leocor Gold Inc > Q1 2022 financial results released

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Post by Stockydoc on Apr 05, 2022 12:47pm

Q1 2022 financial results released

Q1 2022 financial results for $LECR were released on SEDAR the other day. Results look solid.

Details:
- Cash position of $8.07M
- Working capital of $8.05M
- Share capital at $16.64M
- Slight increase in operating expenses from $83k in 2021 to $184k in 2022.

I'm impressed with $LECR's financial position to start off the year. The company's in a great position to be aggressive with the amount of cash on hand. Looking forward to seeing some more updates here!

https://www.sedar.com/DisplayCompanyDocuments.do?lang=EN&issuerNo=00046948