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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

Southstone Minerals Ltd > They answered to my question, But share value is 0,04
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Post by sylvain_007 on Mar 30, 2022 8:23pm

They answered to my question, But share value is 0,04

Thank you for your message.
 
SML publishes quarterly production reports and has so for the past few years. The most recent tender will complete this week for production from February and when that is finished it will be reported as usual for the 2nd quarter report. 
 
The news releases are clear, the company owns a portion of the Oena Mining Licence, and has a contractor who contract mines under terms and conditions which are publicly reported. I am not sure where you come up with the going in circles as the company has been producing, selling and reporting diamond sales for years and that is a path, not a circle. 
 
The company continually works to improve production and improve shareholder value and the COVID pandemic is beyond our control. 
 
Thank you for your email
 
SOUTHSTONE MINERALS LIMITED
Comment by gossamer9 on Mar 30, 2022 10:59pm
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