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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

Post by tovitekovichon Oct 15, 2021 8:50am
180 Views
Post# 34008638

RE: Diamond hands

RE: Diamond hands

Agree, we have a strong investors base.

Gold can go down and the price of the company is doing next to nothing.

But completely understandable, we have 5 million in cash no debt, a producing gold/silver mine which is producing excellent numbers with exploration upside, interesting side projects, shareholding in a other company.

Our shares are backed at the moment by more than 10 cents a share.

Producing San Martin and all future production, The moly projects with big reserves of molybdenum with copper porphry potential and gold and silver + the shareholding in im is valued at 7 million canadian dollars!

And i keep hammering on the fact that if we find rich ore bodies at San Martin, the dynamics of the company could completely change

What if we find big blocks of 10 / 15 / 20 grams per ton?

The price per share today is what we make then in eps in a quarter.

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