Starcore International Mines Ltd (SAM): Starcore International Is Being Greedy W...

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Tuesday, 02/03/2015 1:33:38 PM

Tuesday, February 03, 2015 1:33:38 PM

Starcore International Is Being Greedy While Others Are Fearful

Complete article on SeekingAlpha today.

http://seekingalpha.com/article/2873926-starcore-international-is-being-greedy-while-others-are-fearful

Summary
•Starcore International just made two acquisitions that strengthen the investment thesis.
•American Consolidated Minerals - acquired for C$700,000 - has land and 170,000 oz. (so far) of gold resources 6 miles from Barrick's massive Cortez Mine.
•Creston Moly - acquired for C$2 million - is a mispriced call option proxy that has over 300 million pounds of molybdenum and a PEA on its flagship El Creston Project.
•The October value thesis is stronger given a higher gold price and a lower Starcore share price.
•The company remains undervalued now and has astronomical upside should molybdenum prices turn around