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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

Post by northernbullon Jun 14, 2012 12:10pm
302 Views
Post# 20013805

Earnings due

Earnings due

Earnings due out tomorrow. Luke told me they were going to do a better job this time communicating what the financial picture will look like over the next few quarters (next quarter still has some hedging on the books). Let's hope production was relatively consistent or even had a bump.

Things are slow right now, perhaps people are waiting for the financials or the results of the Greek election over the weekend to get a sense of market direction.

Good luck to the longs. I sure like the fact that gold is $60 over the price that they bought out the hedge for and it even looks like it might have some legs here. Could 2012 finally be Starcore's year?

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