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Bullboard - Stock Discussion Forum Starcore International Mines Ltd T.SAM

Alternate Symbol(s):  SHVLF

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 AlfTanner on Feb 17, 2022 12:06pm

Q3 results

Gold production in Q3 was 2588 gold equivalent ounces.  The gold price in Q3 (Nov-Jan) averaged around $1811.  

Gold production was okay, but according to my calculations, Q3 should show a small loss of around -$0.5M.
Comment by disosa on Feb 22, 2022 12:09am
hello, every producer should make money when gold is over 1800$.
Comment by gpwild on Mar 17, 2022 7:19pm
Not Starcore. They just reported a  loss of 400K for this quarter.
Comment by disosa on Mar 18, 2022 6:35am
That is why i sold..if you can t make money now,you have big problem..i also don t see spectaculaire exploration costs so where is all that money going to?i can t find it in those numbers in filing..
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