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Starcore International Mines Ltd T.SAM

Alternate Symbol(s):  SHVLF

Starcore International Mines Ltd. is a Canada-based company, which is engaged in exploring, extracting, and processing gold and silver. The Company through its wholly owned subsidiary, Compania Minera Pena de Bernal, S.A. de C.V. (Bernal), which owns the San Martin mine in Queretaro, Mexico. It is also engaged in acquiring mining related operating assets and exploration assets in North America. Its San Martin mine is located approximately 50 kilometers (km) east of the City of Queretaro, Mexico, and consists of mining concessions covering approximately 13,077 hectares (ha), which includes seven underground mining units and four units under exploration. Its Ajax Molybdenum property, approximately 1,718 hectares in size, hosts the Ajax Porphyry Molybdenum Deposit. Its Opodepe project consists of the Teocuitla and El Creston properties. Its El Creston molybdenum property is located in the State of Sonora, Mexico. Its Toiyabe Gold Project is located in Lander County, Nevada, United States.


TSX:SAM - Post by User

Comment by northernbullon Mar 25, 2011 12:39pm
548 Views
Post# 18341067

RE: Cheap Silver Producer

RE: Cheap Silver ProducerThe silver is unhedged, the gold is hedged.
If it was 25,888 ounces of silver that were hedged, we'd be laughing.
Silver is helping right now, but gold is the story here. We're a gold mine. Sounds obvious, but there's still people posting about, 'Cheap Silver Producer here'
amazed at the volume over the past 2 days. We've put a major chunk of shares in new hands.
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