IKN

a plague o both your houses

Starcore Intl (SAM.to) production results for quarter ended July 2016

Starcore Intl (SAM.to) produced 4,207 AuEq in the quarter just closed, a number that stacks up like this:

And that kind of sucks, frankly. It should have been more and this…
NB: Please note cut-down Y-axis
…is the main reason for the miss. As subbers know I’m long this one, so boo-hoo me. On the other hand, the lower operating costs from the low tonnage throughput and the better prices for gold mean this level of production makes SAM.to profitable for the quarter. Not the end of the world.

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