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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 AlfTanneron Apr 16, 2022 11:21am
165 Views
Post# 34607473

Accumulate now; small cap rally next

Accumulate now; small cap rally nextRallies in gold stocks usually follow the same progression.  First the large caps, then the mid caps, and finally the small caps.  The large caps have been in a big rally since the beginning of the year.  The mid caps have been doing well, but the big rallies in some of the good mid caps seem to have started over the last month.  The small caps like Starcore will be next.  When the market "discovers" this stock, the rally will be epic.  Right now is probably a good time to accumulate this stock.  If and when the rally starts, it will be difficult to buy in.  The spreads will be large, and there will not be many sellers.  This stock could easly double in a couple of weeks.

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