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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 himmligron May 22, 2021 6:17pm
64 Views
Post# 33254571

RE:RE:Why is starcore so cheap?

RE:RE:Why is starcore so cheap?

gpwild yes i see the interview, but i think it needs extensive drilling to estimate the total gold resource at el creston. molybdenum is overlooked and i think it will keep pumping the coming months to at leat 20 to 25 dollars, maybe a few down weeks but it is a nice chart if you look at it.

the very experienced managment managed the company well trough the dificult times, we are standing today at a bookvalue of 50 million stated in the report few quarters back and we are sitting witht 5 million dollars in cash for end fiscal 2021, also look at the shareholding of im exploration which is another 1.2 million dollars.

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