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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

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Post by tovitekovich on Mar 19, 2023 5:45pm

Q3 RESULTS

"As reported in our production news release last month, we expect the new geological model to define the exploration targets that we will use to continue underground exploration. While we are currently showing positive cash flow from mining operations, we continue to implement cost reductions in all areas of mine and administration, including management, to compensate for lower production," 

 

Company valued slightly over 10 million dollars, 7.1 million dollars cash on hand, currently positive cash flow from mining operations, exploration ongoing, large defined resources, big landpackages.

Would be surprised if the stock goes down on monday!

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