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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

Comment by northernbullon Feb 14, 2011 1:26am
250 Views
Post# 18127143

RE: Insiders

RE: Insiders

I like the fact that Ralfe is buying every month though, regardless of whether the share price is 9 or 12 cents. He's picking up 50k at a time, which isn't anything to scoff at, considering his salary probably isn't huge for managing San Martin. If he gets us out of this rut and allows us to survive without any further dilution, I hope the guy get a pile of options, as he'll have earned them.

Perky, when you call this company an eventual gem, are you being sarcastic? My appologies if you're not, but I haven't seen a positive comment here in months (not like the negativity is undeserved). It'd be nice if there was more than one of us in the positivity camp.

Like I said before though, give me another year before the share price starts to climb. At least until next fall. I'm looking for a lot more, but won't shell out the cash yet. I think we have time, unless we see above 2.5g/tonne this quarter.

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