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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 > Stock is undervalued atm
View:
Post by tovitekovich on Feb 23, 2023 8:00am

Stock is undervalued atm

Stock is grossly undervalued at the moment imo.

The funny thing is, this stock behaves only on the production numbers of San Martin.

People should consider:

1. Starcore has enormous landholdings (very cheap/hectare atm)

2. Large identified resources (molybdenum, copper, silver, gold)

3. No debt and millions in cash

4. Exploration upside

5. Opportunity within the San Martin, if the company finds good grades that can become immediate cashflow

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