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Bullboard - Stock Discussion Forum Southstone Minerals Ltd V.SML

Alternate Symbol(s):  FDGMF

Southstone Minerals Limited is a Canadian junior mining company. The Company holds a 43% interest in the Oena Diamond Mine (Oena), an alluvial diamond property, located in the Northern Cape Province, Republic of South Africa that consists of one New Order Mining Lease. The Oena Project is 8,800 hectares in size and covers about 4.8 kilometer (km) wide strip along a 15 km length of the lower... see more

TSXV:SML - Post Discussion

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Post by Pacmann on Aug 01, 2019 10:23am

Big volume

Nice volume right off the bat this morning. Maybe insider buying. Hope so
Comment by onetimer on Aug 01, 2019 12:39pm
maybe Kevin Gallagher does not have all the shares he claims and now needs to buy in the open market to get up to his 39 million for the deal.
Comment by hempster on Aug 01, 2019 1:28pm
This is pretty much impossible. He got his shares as compensation so the company does know pretty well how much shares Gallagher got. And if he had sold some, we would have seen an insider filling. The volume today was simply caused by people reacting to the restructuring plans.
Comment by Pacmann on Aug 01, 2019 1:35pm
I think we may hit 0.02 by the end of the day.
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