In december of 2020 gold traded around $1900 while Starcore was trading over $0,30CAD a share, now gold is trading around $2000 and Starcore is below $0,20CAD a share. The fundamentals now are better than in 2020, just saying.....
WARNING UNDERVALUED BY A STAGGERING 70% ACCORDING TO THE MOST RECENT INVESTMENT ANALYSIS BY FUNDAMENTAL RESEARCH CORP
FINANCIALS
Current marketcap: $9,740,000 CAD
Current cash position: $7,100,000 CAD
Current Debt: Nil
Outstanding shares fully diluted: 58,646,851
PROPERTIES AND LANDHOLDINGS
Total landholdings: 29160 hectare or 112.58 square miles
SAN MARTIN PROPERTY
Landholding: 12991 hectare
Current status: Producing
Metals: Gold & Silver
Production numbers: 11,000+ equivalent gold ounces / year & 80,000+ equivalent silver ounces/ year
Potential: Production + Exploration upside
EL CRESTON PROPERTY / OPODEPE PROJECT
Landholding: 14,451 hectare
Current status: Exploration
Metals: Molybdenum, Copper, Gold & Silver
Exploration numbers: 335+ million pounds of molybdenum and 280+ million pounds of copper in the measured and indicated category
Potential: Exploration upside. Copper porphry at depth + Gold & Silver potential on the property
AJAX PROPERTY
Landholding: 1718 hectare
Current status: Exploration
Metals: Molybdenum
Exploration numbers: 98+ million pounds of molybdenum in the indicated category and 649+ million pounds in the inferred category
Potential: Exploration upside. During a recent field work program rock samples assayed up to 4.1 g/t silver, 0.23% copper, greater than 100 g/t tungsten and 794 g/t cobalt.
OTHER
Starcore has an significant shareholding in an external exploration company 4,100,000 shares or 8.85% of the company which is currently valued at $328,000 CAD