Starcore International Mines Ltd SHVLF

Primary Symbol: T.SAM

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.

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Starcore International Mines Ltd > I am not happy with this hostile takeover bid at all.

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Comment by tovitekovichon May 15, 2022 5:09pm

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RE:RE:RE:RE:I am not happy with this hostile takeover bid at all.

I hope sprott and other major shareholders have a solution to this take over problem. The market would need to revalue Starcore fast for what its worth, because a special dividend of 10 cents would be nice short term for shareholders, but for the long term Starcore needs that cash for exploration at San Martin and Opodepe and to have some firing powder in tumultuous times. Pretty shitty timing for a take over bid....

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