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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 AlfTanneron Apr 16, 2022 11:21am
137 Views
Post# 34607473

Accumulate now; small cap rally next

Accumulate now; small cap rally nextRallies in gold stocks usually follow the same progression.  First the large caps, then the mid caps, and finally the small caps.  The large caps have been in a big rally since the beginning of the year.  The mid caps have been doing well, but the big rallies in some of the good mid caps seem to have started over the last month.  The small caps like Starcore will be next.  When the market "discovers" this stock, the rally will be epic.  Right now is probably a good time to accumulate this stock.  If and when the rally starts, it will be difficult to buy in.  The spreads will be large, and there will not be many sellers.  This stock could easly double in a couple of weeks.

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