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Starcore International Mines Ltd T.SAM

Alternate Symbol(s):  SHVLF

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

Post by FunDonnyon Nov 06, 2007 8:39am
370 Views
Post# 13757760

Quiet

QuietI think we're going to be quiet on the news front of a while now. Drilling results probably won't be out until spring 2008. The only thing that might get the price up in the next 3 months while we wait for the 1st quarter financials is the Peter Spina feature on Starcore which should come out in the next month. I've looked around and when Peter makes a recommendation, the price and volume usuallly have a jump (selling opp), then the price comes back down a bit (buy back in opp), and then a steady climb to new highs (long hold). I'm guessing .90 by Christmas.
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