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Starcore International Mines Ltd T.SAM

Alternate Symbol(s):  SHVLF

Metals & Mining Gold
Starcore International Mines Ltd. is a Canada-based company, which is engaged in exploring, extracting, and processing gold and silver. The Company through its wholly owned subsidiary, Compania Minera Pena de Bernal, S.A. de C.V. (Bernal), which owns the San Martin mine in Queretaro, Mexico. It is also engaged in acquiring mining related operating assets and exploration assets in North America. Its San Martin mine is located approximately 50 kilometers (km) east of the City of Queretaro, Mexico, and consists of mining concessions covering approximately 13,077 hectares (ha), which includes seven underground mining units and four units under exploration. Its Ajax Molybdenum property, approximately 1,718 hectares in size, hosts the Ajax Porphyry Molybdenum Deposit. Its Opodepe project consists of the Teocuitla and El Creston properties. Its El Creston molybdenum property is located in the State of Sonora, Mexico. Its Toiyabe Gold Project is located in Lander County, Nevada, United States.


TSX:SAM - Post by User

Starcore International Mines Ltd > Debt Free !
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Comment by moorageon Jul 04, 2020 5:42am
374 Views
Post# 31223508

RE:RE:RE:RE:RE:RE:Debt Free !

RE:RE:RE:RE:RE:RE:Debt Free ! Starcore is still rated far too low.
SAM is currently earning around US $ 400 at the troy ounce. (According to the last quarter reported AISC $ 1,380 per ounce)
At 12,000 ounces a year (currently rather discounted), there remains a profit of US $ 4,800,000.
Market capitalization currently US $ 6,900,000 !


gpwild wrote: Many gold miners have tripled this year while Starcore lagged. The debt-free press release seems to have inspired market confidence and Starcore is rocketing higher finally catching up to it's peers I was almost shocked today to see my position in the black..


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