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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

Starcore International Mines Ltd > Molybdenum almost $33 a pound!
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Post by tovitekovich on Jan 27, 2023 11:25am

Molybdenum almost $33 a pound!

Our El Creston deposit and Ajax deposit is hosting 100s of millions of pounds of molybdenum which results in 10s of billions of dollars of metal value in the ground!
Comment by gpwild on Jan 27, 2023 3:09pm
At least according to the recent releases, Ajax has a fairly small Moly resource at good grades. Most of the 300 million pounds of Moly at Ajax are at low grades. Who knows if the low grade stuff is even economically viable even at curren elevated prices. Depends on what makes up the rest of the ore? The press release from a few days ago shows ok silver and copper values but stuff like cobalt and ...more  
Comment by moorage on Jan 28, 2023 2:05pm
All concerns are already sufficiently included in the stock market price. Any positive surprise will have a disproportionate effect.