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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 himmligron Jul 08, 2022 9:27am
204 Views
Post# 34810641

WARNING TOTAL UNNECESSARY PRIVATE PLACEMENT

WARNING TOTAL UNNECESSARY PRIVATE PLACEMENTCEO talks that he is very conscientious about shareholder value released in a video one month ago starcore received in the meanwhile a unsolicited offer from a company that was 35 cents a share in the video the ceo explains that this is far below fair value for the company one month later the ceo decides to do a private placement at 20 cents a share diluting the share capital by almost 20% including warrants with 8.5 million cash in the companies bank THIS IS THEFT
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