Southstone Minerals Ltd V.SML

Average cost.

[Budlight1971]

My purchases are complete for the moment, purchase of 50K to 0.065. My average cost did not drop much, however, this can give you a small idea of the quantity I had before the reverse-split, I managed to bring it down to around 0.30 $. I will have to buy a lot more to have an average cost that makes sense. I believe that the next quarters will bring us very good results, I still remain realistic, I do not believe that the title will go up to several dollars soon, but we could remain very surprised.

[hempster]

The Price/Sales ratio of SML is currently at 0.0625, which is simply ridiculously cheap and makes the stock a huge buy. Average P/S for stocks in the mining sector is 1.6 and for stocks in general 2.1! Meaning SML could easily go to $1,5+ and the stock would not yet be overvalued, not even thinking about what might happen should they post some really good profits in the next quaters. Regardless of