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Bullboard - Stock Discussion Forum
Southstone Minerals Ltd
V.SML
Alternate Symbol(s):
FDGMF
Energy
Southstone Minerals Limited is a Canadian junior mining company. The Company is engaged in the acquisition, exploration, evaluation, development and mining of mineral properties. The Company holds a 43% interest in the Oena Diamond Mine (Oena), which is located in the Northern Cape Province, Republic of South Africa that consists of one New Order Mining Lease. Oena is a producing alluvial...
diamond property. Oena is approximately 8,800 hectares in size and covers a 4.8 kilometers (kms) wide strip along a 15 kms length of the lower Orange River. The property has two separate and distinctly different aged diamondiferous bearing paleochannel gravels: Proto-terraces and Meso-terraces. Its subsidiaries include TGV Resources (Pty) Ltd, African Star Minerals (Pty) Limited and GAH Mining (Pty) Ltd.
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Add To Watchlist
Bullboard (TSXV:SML)
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(21)
•••
hempster
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Comment by
hempster
on May 21, 2020 1:52pm
RE:Sp
.50 would equal a market cap of $9.5 million after the Kwena disposition. Definitely achievable IMO, might even run higher with some good news and good numbers.
(31)
•••
Saskberger
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Comment by
Saskberger
on May 21, 2020 1:36pm
RE:Sp
That would be nice, I only need 29cents to break even now on this dog lol
(8)
•••
Pacmann
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Post by
Pacmann
on May 21, 2020 1:31pm
Sp
finally we are seeing some sp movement today with good volume.. I think we might hit 8 cents today.. But Imo the sp should be worth least in mid 50's
(24)
•••
Budlight1971
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Comment by
Budlight1971
on May 21, 2020 12:44pm
RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:AGM
Nice increase, I hope that we will have news of the sale of Kwena, because even if I do not mind, many investors do not buy company action with dirty energy.
(21)
•••
hempster
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Comment by
hempster
on May 21, 2020 11:51am
RE:RE:RE:RE:RE:RE:RE:RE:RE:AGM
They did have a 3-month rythm for their operational updates. The last one was due in March, but it seems they skipped this one bc of the lockdown in South Africa at that time. So if they stick to this
...more
(8)
•••
Pacmann
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Comment by
Pacmann
on May 21, 2020 11:36am
RE:RE:RE:RE:RE:RE:RE:RE:AGM
sp is slowly ticking up of late.. Ask is lot higher than bid price today and with a bit of higher volume.. Maybe finally something good is happening.. I really wish they NR on operational project
...more
(21)
•••
hempster
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Comment by
hempster
on May 21, 2020 2:39am
RE:RE:RE:RE:RE:RE:RE:AGM
I was aware of this, but did not think that they made any progress on this front, since we recieved more updates on the previous projects when they were still in the planning phase. But you may be
...more
(5)
•••
JSMichau
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Comment by
JSMichau
on May 20, 2020 6:04pm
RE:RE:RE:RE:RE:RE:AGM
hempster, this is from the Q3 Operational Update in june 17 2019. "Tango is devising an exploration plan to be launched in the 1st quarter of 2020". We can expect some delay because of
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(21)
•••
hempster
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Comment by
hempster
on May 20, 2020 5:46pm
RE:RE:RE:RE:RE:AGM
I don't want to kill your hopes, but I fear you might be overestimating the progress of the Liberia project. As far as I know, until now they only have aquired a mining license, and currently
...more
(8)
•••
Pacmann
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Comment by
Pacmann
on May 20, 2020 3:46pm
RE:RE:RE:RE:AGM
yeah i'm hoping something big from liberia project as well and if this project was no go like the other projects we probably would have heard it by now..nevertheless hope to get some news about
...more
(21)
•••
hempster
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Comment by
hempster
on May 20, 2020 12:04pm
RE:RE:RE:AGM
I had the same hopes, but unfortunately it was really just formal stuff. I think after the disposition is completed, we might get a more significant update. The Liberia project is one of my biggest
...more
(8)
•••
Pacmann
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Comment by
Pacmann
on May 19, 2020 1:46pm
RE:RE:AGM
bit disappointed. We kinda new kwena disposition was going to happen. I thought maybe other things would be discussed such as where the company is headed... At least update on current and near future
...more
(1)
•••
Sylvain123
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Post by
Sylvain123
on May 18, 2020 10:26pm
Nothing from this poor company
I am sad very sad, no news, no projects, nothing for shareholders.
(21)
•••
hempster
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Comment by
hempster
on May 15, 2020 6:23pm
RE:AGM
Yes, I listened to the AGM. Was kinda like pretty much any AGM and lasted only like 15 minutes. Eventually the only things that happened were the voting for the directors and Kwena disposition. No
...more
(8)
•••
Pacmann
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Post by
Pacmann
on May 15, 2020 6:13pm
AGM
any info on today's AGM
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