Bullboard - Stock Discussion Forum 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... see more

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TSX:SAM - Post Discussion

Starcore International Mines Ltd > WE HAVE 14.5 CENTS CANADIAN IN CASH PER SHARE AND ZERO DEBT

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Post by tovitekovich on Sep 08, 2022 7:38pm

WE HAVE 14.5 CENTS CANADIAN IN CASH PER SHARE AND ZERO DEBT

We have around 8.5 million CAD in cash with zero debt, this means we have 14.5 cents per share in cash on a fully diluted basis and over 15 cents on the current issued and outstanding shares. This means our production at San Martin with over 11,000 equivalent ounces a year, and our various exploration projects are valued at 6 cents a share, not to speak of the 4.100.000 share holding in a resource company that is currently exploring in the US.

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