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Starcore International Mines Ltd T.SAM

Alternate Symbol(s):  SHVLF

Metals & Mining Gold
Starcore International Mines Ltd. is engaged in precious metals production with focus on Mexico. The Company is engaged in extracting and processing gold and silver in Mexico through the San Martin mine in Queretaro, Mexico. The San Martin mine is located about 47 about kilometers (km) in straight line, northeast of Queretaro City, Queretaro State, on local road No.100 and about 250 km northwest of Mexico City, near the towns of Bernal, Tequisquiapan and Ezequiel Montes. The San Martin mine complex consists of eight mining claims that cover 12,991.7805 hectares (ha). Its Kimourko Gold Project is located in the Lac region of central Ivory Coast, about 40 km south of the capital, Yamoussoukro. Its other projects include the El Creston Project, the Opodepe Project, and the Ajax Project. The El Creston molybdenum property is located in the State of Sonora, Mexico. The Ajax Molybdenum Property consists of about 11,718 ha and is located 13 km north of Alice Arm, British Columbia.


TSX:SAM - Post by User

Starcore International Mines Ltd
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Post by nuke111on Nov 04, 2007 8:14pm
393 Views
Post# 13749607

why

whyWhy did this company forward sale gold? I hope there is a very good reason to do this but in a bull market I can think of no good reason? Does any one on this board know why they would due this and put are gold ounces in the ground for sale at $750/ounce. This has made me more inclined to sale and move on to a new pm stock. Just thinking out loud on a Sunday night.
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