Starcore International Mines Ltd T.SAM

WARNING TOTAL UNNECESSARY PRIVATE PLACEMENT

[himmligr]

CEO talks that he is very conscientious about shareholder value released in a video one month ago starcore received in the meanwhile a unsolicited offer from a company that was 35 cents a share in the video the ceo explains that this is far below fair value for the company one month later the ceo decides to do a private placement at 20 cents a share diluting the share capital by almost 20% including warrants with 8.5 million cash in the companies bank THIS IS THEFT

[moorage]

With all the resentment here in the thread, always remember: SAM could have issued employee ( and CEO / CFO- ) options. Then no money would have come into the till....and the end result would be no different to today.

[himmligr]

hope they all get their portion one day for all the lying and stealing what they do with their big paychecks while employees stand in the mine with the drill in their hand 247 with a loan that is not even 3% oh and lets fk all the shareholders because we want also a cut from them but we want more lets do this trick and we pay almost no tax how much do these people fking want? with their trustfunds

[moorage]

You can participate in this game and maybe even make a good profit. That's the stock market, there's no morality there, there's never been one. But you need a cool head, so it's not working at the moment.

[himmligr]

thats not how the world works mr moorage what you are basically saying is when you participate in the stock market you dont have to care about anything because yes thats the stockmarket but the other part of you expect when you do groceries that people will have morality? or you don't expect that also? to give an example criminals do something unbelievable horrible thing to your loved ones and

[tootall123]

JP Morgan traders are in hot water for manipulating the gold)......LOL JP Morgan has been manipulating the price of gold for a long time and nothing ever happens to them cause they are in control and are the government and the politicians are their puppets....Fact   Since the history of man kind the rich have always been in control and will always be in control, he who has the money

[himmligr]

Really when you think about it what you say moorage it would be the same that you want to pay for groceries and the clerk is telling you yes because you are mr moorage then you need to pay 30% more then anybody else the stockmarket is the same as the real world dont talk criminals right when they did something wrong on purpose

[tovitekovich]

I understand you, we all do i think. But what moorage and tootall was trying to say is that you need to calm down because we cannot change this, because we are not in the position to change. Focus on opportunities and if you really don't trust the management anymore than you could always decide to sell your shares and look for something else. But i can say this we are still in a great

[moorage]

I see you've been in the stock market business for a long time and you understand the functions behind it.... ..... so you are successful and happy.

[gpwild]

3 Million shares and 1.5 million warrants went to Robert Eadie and Gary Arca. The private placement was purely self serving. It greatly increases Eadie's owneship in the company and he gets the increased stake at a substantial discount to the market price (at the time of the offering). This helps him to stave off a hostile takeover and should a takeover stil occur, the substantially discounted

[moorage]

1.) " This is not the first time he's abused his role as CEO " I also "abuse" the knowledge of the occurrence for my depot and continue to buy at approximately  $ 0.20. 2.) This helps him to stave off a hostile takeover Eadie only holds 10% (5,286,242 see below), so he can't do much with that. Sprott will own even more shares in SAM and is certainly willing to

[gpwild]

You buying shares of Starcore at 0.20 isn't abuse. Being a CEO of muliple companies and having your sole semi-successful venture pay a premium on shares to buy your other bankrupt companies is immoral and abuse.  Are we going to pick up IMINING yet? What even is that company these days. It was a resource company, then bitcoin miner, resouce company again, then ethereum staking and now

[moorage]

Calm down, STARCORE will be sold in 4-5 months at the latest and will have a new management team .... and we will then have a little more money in our account.... ...thanks to or maybe because of the unloved Eadie. ;-)