Starcore International Mines Ltd T.SAM

Alternate Symbol(s): SHVLF

Metals & Mining Gold

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

Post by yellowgulchon Nov 24, 2018 4:25pm

112 Views

Post# 29017889

If SAM is such a terrible investment, then might someone

please explain to me why Mr. Eadie just purchased 447,000 shares in the public markets in November alone?

https://www.canadianinsider.com/node/7?ticker=SAM
https://web.tmxmoney.com/quote.php?qm_symbol=SAM

(a) should we believe he expects to lose the bet - or (b) or that he expects a very nice ROI ?

Logical analysis clearly suggests (b) to this casual observer. The next logical question is - what is the nature of his confidence? Is there a material change in business development or income in the works? Is he planning to sell assets? The whole enterprise? Inquiring minds want to know.

yellowgulch

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