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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 onepunishaon Jun 11, 2014 11:35am
176 Views
Post# 22649378

RE:RE:RE:RE:Starcore Produced 5,338 oz in Q3 - Up 4%

RE:RE:RE:RE:Starcore Produced 5,338 oz in Q3 - Up 4%I don't know what gold prices will do and neither do the Street bears.  But IMO if they think they can hammer this to $1000 when gold restrictions are being lifted in India, then they're crazy.  Even if gold goes there, it'll be quick and SAM is not likely to go lower than the lows we hit 3 weeks ago, $0.145.  Plus, I'll be perfectly happy buying at any price lower since this will go near .30 in a few months.  
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