Starcore International Mines Ltd T.SAM

Alternate Symbol(s): SHVLF

Metals & Mining Industrial Metals & Minerals

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

Bullboard Posts

Comment by TheRock07on Jul 12, 2016 7:09am

155 Views

Post# 25043508

RE:Simplee Valuation Model for SAM

The company changed its fiscal year to April 30, from July 31.

Which means only 3 quarters for F year ending April 30/16 and we have seen only 2 of these.

Q1 ends July 31 this year.

So we are in a temporary news flow vacuum as we await the new FY quarters to report.

At that point , we should get plenty of development news..

Bullboard Posts

3 Mid-Sized Stocks to Consider This Season