Starcore International Mines Ltd T.SAM

Starcore has enormous potential

[tovitekovich]

Great points Henrich! There is alot of potential in both landpackages San Martin as well as for El Creston.

What i also liked is that the CEO sees also the potential of both the assets and how he pointed out the example of another company that turned in a major copper producer overtime.

We have that kind of potential also because of the epithermal style of deposits.

[Henrich428]

Yes you are exactly right. Reading ceo.ca made me think "profitable little mine, they'll pay dividends and sell El Creston." But now I think "ambitious devoted CEO, colossal potential."

[tovitekovich]

We still have dividend potential. If they would pay shareholders a yearly dividend of 0.001 canadian dividend it would cost the company less than 50000 while maintaining a dividend yield of 0.35% at the price of 28 cents a share.

[Henrich428]

Thank you that is highly interesting to hear. I am not actually opposed to a dividend as such and I can imagine that a dividend of some kind might be appropriate. But my first impression of Starcore, from reading ceo.ca, was essentially: "This is a small little company with limited potential. Very profitable for the time being and good financials on paper, but the mine-life is uncertain. We

[diamondlessnono]

Why pay shareholders? When the leader can spend it.