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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 Sep 01, 2022 4:51pm
165 Views
Post# 34936601

STARCORE IS TRADING ALMOST AT CASH POSITION

STARCORE IS TRADING ALMOST AT CASH POSITION

Starcore is currently trading almost at cash position, even if a market downturn is coming Starcore is well prepared in my opinion we had 8.8 million cash on hand at april, i think we currently have 8.5 million cash on hand and keep in mind with zero debt, i will scoop up alot of shares at the right time, these stock price levels at current company status are already undervalued, but let the panic seller come my buy orders are ready at multiple key levels.

Resource companies with zero production, zero money, and zero permits are trading higher than Starcore, while we have money, we have production, we have big multiple resources and we have all the permits, do the math.....

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