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Starcore International Mines Ltd T.SAM

Sector: Metals & Mining | Sub-Sector: Industrial Metals & Minerals
Alternate Symbol(s):  SHVLF

Starcore International Mines Ltd is engaged in extracting, processing and exploring for gold and silver in Mexico. Its principal property is the San Martin Mine in Queretaro, Mexico.
Price: $0.12 | Change: $-0.005 | %Change: -4.00%
Volume: 69,114 | Day High/Low: 0.12/0.115 | 52 Week High/Low: 0.225/0.11
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0 stars

RE:RE:RE:"It is our goal to pay continuous dividend"

FEB 2015, I am not saying the will 100% declare one but it's the companies goal to strive towards declaring dividends  rate and reply
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RE:RE:"It is our goal to pay continuous dividend"

"It is our goal to pay continuous dividend" How old is that statement and when was the last time they actually confirmed that they would be paying a dividend? This is a junior penny stock not Bank of...read more
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RE:"It is our goal to pay continuous dividend"

I would prefer that instead of paying a dividend, they would use the money for additional acquisitions, expanding the resources, etc. to help facilitate shareholder value down the road. deet  rate and reply
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"It is our goal to pay continuous dividend"

7:12 https://www.youtube.com/watch?v=omsfuTi6tX4   They have the working capital to do it  rate and reply
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RE:RE:Financials released

AJC was a bailout, the big diffrence between AJC and CUT was AJC was involvent and CUT was not with VERY positive working capital, CUT didn't need SAM.  rate and reply
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RE:Financials released

northernbull: I am an x AJC shareholder. I liked their properties and really believed the company had a sound management team and huge potential. Bad move on my part. The worst ever since I started...read more
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RE:Financials released

Cortez needed no bailout and it is going to be massivley cash flow positive in the near term once fully ramped. It began opening it''s doors to small miners for testing in January they haven't updated...read more
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Financials released

Production down, cash position lower (mostly due to the acquisition), small loss for the quarter. For those calling for a dividend this year (or an increase in the dividend), I'd say they'd be crazy...read more
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RE:RE:RE:RE:RE:Dividend chance?

No problem, I am loading every chance I get  rate and reply
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RE:RE:RE:RE:Dividend chance?

Thanks, realnig. At 13 cents...SAM is a screaming buy. The company is getting bigger...expanding their resources all the time. Starcore will benefit tremendously once gold falls back into favour with...read more
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RE:RE:RE:Dividend chance?

Cortez vote is july 7th (done deal), Cortez needs to close first. I'd suspect announcement same time as last year late August early September.  rate and reply
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RE:RE:Dividend chance?

Interesting. Such a small company paying dividends.... When do they usually make the annoucement? Summer...fall?  When will shareholders find out? deet  rate and reply
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RE:Dividend chance?

Lets look at the evidence: - Claim they want to pay dividend every year - Claim 5mil in bank is comfort threshold currently at 10mil and dividend cost 3mil - Net cashflowed 1mil last quarter -...read more
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RE:Dividend chance?

They've acquired a couple of companies over the past few months....and with gold prices below $1200 oz I would be very surprised if they are making any money. deet  rate and reply
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Dividend chance?

What are the chances we are going to see the divi. the market is skeptical, currently at 16% . Any thoughts? Theos  rate and reply
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RE:RE:RE:What a great starcore story!

Correction -- Such a great story investors are stampeding to sell all they can get rid of at 13 cents.  rate and reply
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RE:RE:What a great starcore story!

Such a great story investors are stampeding to sell all they can get rid of at 15 cents.  rate and reply
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RE:What a great starcore story!

Nice one Starcore! Now, I just read another article on here about the alleged upcoming commodity recovery. We are well positioned! gbo200  rate and reply
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What a great starcore story!

http://www.mining.com/web/mexican-miner-rescued-by-starcore-international-mines/  rate and reply
5 stars

iMining

I know a goal of starcore's is to increase their market cap because its tough to get analyst coverage and more institutional buy in for such a small player.  They are very under the radar right now...read more