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Monday, January 20, 2014 10:54:54 AM
This message was posted on the stock house message board for SAM and i asked if i could share it here on investors hub with you guys.
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I have an opportunity to stop by the booth of Starcore today and talked with the CEO. The following points are very interested:
1. The Company is profitable and the gold production cost is aroung $850/ounce
2. The current production of gold is around 6000 ounce/quarter.
3. When the price of gold surpasses $1450/ounce, the dividend will be annouced, otherwise, the company will just use the profit to grow the company.
GLTA
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