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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 Sylvain123 on Oct 29, 2019 11:47am

To Bigstar

When a consolidation comes, usually the price of the share is a multiple of of the shares consolidation. . One for ten, so if the share price was .01, the next price will be around 0,10 and not 0,30 like you suggest.
Comment by bigstar10 on Oct 29, 2019 5:01pm
Hey sylvazz, it was pushed down to a penny for a reason, now is way undervalued, should be .30 correlated to .03 pre-consolidation. Must of took you a while to do the math on that one, wink wink
Comment by FacBine on Oct 29, 2019 5:25pm
Pump & Dump like always
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