Starcore International Mines - The Gold and Silver producer We are amongst the lowest valued PM producers in the market, the reason for that remains a mystery!
Starcore International Mines:
Producing gold and silver mine San Martin with a production of 11,797 oz AuEq in fiscal 2021
100% interest in a advanced exploration project El Creston with a NPV of $500,000,000+ at a molybdenum price of $15/lbs and a copper price of $2,60/lbs, the project containing molybdenum, copper and gold (goldportion not drilled yet)
100% interest in the Ajax molybdenum project (molybdenum deposit with indicated resources of 98,900,000 lbs and inferred 649,800,000 lbs both at a cutoff of 0.04%
$4,000,000+ in cash
Debt free mining company
Shareholding in IM Exploration with 4,100,000 shares. (valued today at +/- $1,200,000)