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Starcore International Mines Ltd T.SAM

Alternate Symbol(s):  SHVLF

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.


TSX:SAM - Post by User

Starcore International Mines Ltd > WTF?
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Comment by moorageon Aug 03, 2024 7:59am
61 Views
Post# 36162746

RE:RE:RE:RE:WTF?

RE:RE:RE:RE:WTF?
Correct. The last time Sprott sold I was able to get in around $0.08. Also yesterday at $0.09.
In the quarter ending July 31, precious metal prices were again 15-20% higher than in the reported quarter Jan-April. 2024. And in that reported quarter they had a quarterly profit of $0.06.
Optimists therefore expect a profit of $0.12 for the first two quarters.... share price currently $0.09. Everyone can then calculate the subsequent price-earning-ratio for themselves.Hopefully we won't have been taken over by then.


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