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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 > Our analysts have initiated coverage on Starcore!
View:
Post by JasleenDhaka on Jan 11, 2023 2:42pm

Our analysts have initiated coverage on Starcore!

Starcore is Trading Below Cash!

Our analysts have initiated coverage on Starcore International Mines. It's 100% owned San Martin mine (Mexico) and has been in operation since 1993. It has produced over 690 Koz gold equivalent (AuEq). SAM has an advanced-stage Opodepe project in Mexico, which has a reasonably large copper-molybdenum resource.

Read what our analysts are saying:

• Our analysts believe the project's remaining resources can support another 10 years of production. The mine generated $9M in operating profit, at cash costs of US$1,239/oz in FY2022 (year- ended April 2022).

• The company is planning to complete a 10,000 m drill program this year, to potentially expand the project’s mine-life. Analysts believe there is significant resource expansion potential as 89% of the project area is underexplored.

• Healthy balance sheet, with no debt. Analysts note that most gold producers use leverage. Management and insiders own 25% of this company’s equity.

Find out more in the full report: https://www.researchfrc.com/starcore-international-mines-ltd-tsx-sam-otc-shvlf-fk-v4ja-a-profitable-gold-producer-trading-below-cash-initiating-coverage/?utm_source=ceo.ca&utm_medium=Referral&utm_campaign=ceo.ca&utm_id=Starcore+

*FRC provides issuer-paid coverage.
*Past performance is not indicative of future results.
Comment by tovitekovich on Jan 11, 2023 10:57pm
Oh wow, we are saying this for months here, so the research you have done was not that hard this time... lol
Comment by gpwild on Jan 12, 2023 8:26am
The post is "fake". Starcore paid for them to cover the stock. Look at the footnote at the bottom of the post: *FRC provides issuer-paid coverage. It's always been a pet peeve of mine with penny stocks when they hire these dodgy companies. It's just marketing but the bad kind. I think Starcore has in the past also paid similar companies to discuss their stock and earning ...more  
Comment by gpwild on Jan 13, 2023 6:01am
If you click on Jasleen's profile you will see various positings about diffferent companies and videos on BNN Bloomberg, so this marketing firm is also behind the Starcore videos appearing on the BNN website. Don't know how much Eadie is paying them. Hopefully not much!
Comment by tovitekovich on Jan 13, 2023 10:28am
Hopefully not much, but probably to much
Comment by moorage on Jan 14, 2023 2:04pm
gpwild (22) Don't know how much Eadie is paying them. Hopefully not much! tovitekovich (90) Hopefully not much, but probably to much What do you both want to say with these lines to the readers interested in Starcore and the shareprice ? Better asked: What do these ( your ) statements mean for the next months ?
Comment by gpwild on Jan 14, 2023 7:18pm
For me, a lot of these marketing companies that provide this kind of "fake" stock coverage usually work with companies that trade OTC/ Pink Sheet and usually wind up being frauds. They target newbie investors looking for mega returns on places like penny stock forums. It's the kind of marketig that's going to earn you a bad reputation. I've discussed this before but Eadie ...more  
Comment by moorage on Jan 15, 2023 1:48am
"....these marketing companies..." Aren't you a little excited ? I have found only one - the above coverage - from or to Starcore in the last few years. " The whole thing stinks and it's a waste of money! " So you think the reported around 9 million cash and regular gold and silver productions and the large molybdenum properties are fake ? Then you should inform the ...more  
Comment by tovitekovich on Jan 15, 2023 5:44pm
Moorage, what i mean is, we are undervalued, why would you pay a '''research company'' that has less then 1000 followers on youtube to write a report, what we are saying here for months in the forums? There is absolutely nothing new in that report and i didn't even read it. The money is better spend to do a stock buyback even it is 5k, which will send a message to the ...more  
Comment by moorage on Jan 18, 2023 4:18am
https://www.aktiencheck.de/exklusiv/Artikel-profitabler_Goldproduzent_unter_Bargeld_gehandelt_wird_Aufnahme_Coverage-15211058
Comment by tovitekovich on Jan 19, 2023 8:03pm
Thanks for sharing
Comment by moorage on Jan 21, 2023 7:12am
Now + 70 % in four weeks .... and still around 250 % to 0.73. ;-)