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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 tovitekovichon Sep 24, 2022 12:27pm
62 Views
Post# 34984162

RE: We don't need to brood and mope here.

RE: We don't need to brood and mope here.I don't know about you? but a offer of 40 cents is nowhere near fair value for our company at current status, if you keep in mind that El Creston alone based on the moly was valued at 194 million dollars few years back? We dont even know the gold an silver grades it contains as well the copper opportunity what lies at depth. Our bookvalue alone as stated in the latest sedar files goes more to 1 dollar a share, then we dont even talk about the opportunities we have for exploration at San Martin, Opodepe Project and Ajax. Management and all shareholders need to refuse a offer for 40 cents and even for 1 dollar a share. We can up our tonnage at San Martin, we have blue sky exploration potential.. We COULD become a big mining company in a few years IF we have wind in our sails
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