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Bullboard - Stock Discussion Forum 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.... see more

TSX:SAM - Post Discussion

Starcore International Mines Ltd > Accumulate now; small cap rally next
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Post by AlfTanner on Apr 16, 2022 11:21am

Accumulate now; small cap rally next

Rallies 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.
Comment by gpwild on Apr 16, 2022 12:36pm
Stock isn't going anywhere and may even decline if they post more bad quarters like we just had. (ie losing money in spite of gold prices near all time highs) On the more optimistic side, Eadie's been consistently making small insider purchases since February: Filing Date Transaction Date Insider Name Ownership Type Securities  ...more  
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