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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 clarkesandyon Sep 07, 2010 8:31am
525 Views
Post# 17418823

Why you should buy Sam.

Why you should buy Sam.This stock is one of the best deals of any gold junior out there.
They are producing and are cash flow positive. No more dilution.
They have their own drilling rig. The property is only been about seven percent explored.
They are increasing their reserves, have found some parallel structures.
Under a 100 million shares, have writers like Jay Taylor on board,
The hedge that is hurting them is getting closer to running out.
All in all, if you are looking for a gem in the rough, I think Sam fits that role.
Not a pump, but suggest anyone looking for a great undervalued gold play. Have a look at their website, and contact IR or management. A great story.
If gold can get to new highs. We will start to get some action.
Just have to get the story out there.
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