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Bullboard - Stock Discussion Forum Starcore International Mines Ltd SHVLF


Primary Symbol: T.SAM

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

TSX:SAM - Post Discussion

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Post by tovitekovich on Mar 19, 2023 5:45pm

Q3 RESULTS

"As reported in our production news release last month, we expect the new geological model to define the exploration targets that we will use to continue underground exploration. While we are currently showing positive cash flow from mining operations, we continue to implement cost reductions in all areas of mine and administration, including management, to compensate for lower production," 

 

Company valued slightly over 10 million dollars, 7.1 million dollars cash on hand, currently positive cash flow from mining operations, exploration ongoing, large defined resources, big landpackages.

Would be surprised if the stock goes down on monday!

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