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Bullboard - Stock Discussion Forum
Southstone Minerals Ltd
FDGMF
Primary Symbol:
V.SML
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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Bullboard (TSXV:SML)
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(21)
•••
hempster
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Comment by
hempster
on Aug 17, 2020 8:02pm
RE:RE:RE:RE:Big news
Last Wednesday afternoon I sent them a mail and asked for a more in-depth update on their plans for next year, plans for Oena and Liberia and new projects to diversity their revenue streams in general
...more
(8)
•••
Pacmann
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Comment by
Pacmann
on Aug 17, 2020 6:48pm
RE:RE:RE:Big news
It does look like there's potential here. Now all they need to do is start up the Liberia project soon. Hopefully they can start mining for gold real soon with gold price at all time high. I
...more
(4)
•••
MakeMoney2000
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Comment by
MakeMoney2000
on Aug 17, 2020 6:40pm
RE:RE:RE:RE:RE:Big news
It's amazing only around 63 000.00 CAD for the first option and the company have all acces to the property. Same thing for option number 2 and number 3 if they acqire the property. Around 190 000
...more
(21)
•••
hempster
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Comment by
hempster
on Aug 17, 2020 6:24pm
RE:RE:RE:RE:Big news
Yes. Can't wait to see the result of their bulk sampling. Love to see that they are planning to start working on the property already in September. This will be an exciting autumn for the company.
(4)
•••
MakeMoney2000
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Comment by
MakeMoney2000
on Aug 17, 2020 6:18pm
RE:RE:RE:Big news
So it's a big news for all shareholder's. 8 160 000 cubic meters is 21 216 000 tons of gravel. They can produce quickly at a large scale. And I like to read they have 85% hight quality diamond
...more
(21)
•••
hempster
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Comment by
hempster
on Aug 17, 2020 2:34pm
RE:RE:Big news
The property looks quite great too. Previous bulk sampling shows an estimated 0.48 to 1.2 carats/100 tonnes, while Bluedust produces currently 0.5 carats/100 tonnes at Oena. If they chose to buy the
...more
(8)
•••
onetimer
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Comment by
onetimer
on Aug 17, 2020 2:18pm
RE:Big news
so that is only $190,000 canadian and they get to mine the diamonds for 6 months, keep 75% of revenue and dont even have to purchase it, they can opt out in less than 6 months. Sweet deal
(8)
•••
Pacmann
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Post by
Pacmann
on Aug 17, 2020 1:34pm
Big news
Southstone Signs Agreement to Acquire Farm Panfontein 58 HO Diamond Property, South Africa Southstone Minerals Limited August 17, 2020, 9:39 AM PDT10 mins read VANCOUVER, British Columbia, Aug. 17
...more
(77)
•••
GoodOutlook2015
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Post by
GoodOutlook2015
on Aug 12, 2020 2:26pm
Check your quotes HERE once in awhile rather than
Solely Stockhouse which is extremely outdated. https://www.stockwatch.com/Quote/Detail?C:SML
(1)
•••
Sylvain123
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Post by
Sylvain123
on Aug 11, 2020 7:47am
I am laughing, poor company!
In the last month, 275,000 shares were traded for a total of $20,000 or $21,000 imagine. Really not interesting and the management does nothing to improve the lot of the shareholders who lost a lot of
...more
(5)
•••
JSMichau
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Comment by
JSMichau
on Aug 11, 2020 7:24am
RE:STOUTHSTONE MINERIALS = Three Thermal Coal
They've changed it, look at their website. It's just a matter of time before the websites and brokers update their company profile, this is not in SML's hand.
...more
(77)
•••
GoodOutlook2015
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Post by
GoodOutlook2015
on Aug 10, 2020 9:14pm
STOUTHSTONE MINERIALS = Three Thermal Coal
you think management would change their company description, in five days it will be a FULL quarter since the Disposition of Kwena. Southstone Minerals Ltd is a Canadian diversified junior mining
...more
(1)
•••
Sylvain123
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Post by
Sylvain123
on Aug 10, 2020 8:57pm
Company of looser, looser admin etc
Nothing good for the shareholders, we are only money for them.
(4)
•••
MakeMoney2000
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Post by
MakeMoney2000
on Jul 16, 2020 9:00pm
A good news hihhihi!!!! In 2030
So to make money with these company they (SML/ASM) need to push the production at Oena to 300 000 tons per month's with CCML contractor. They have six deposit and two of them have a total of near
...more
(1)
•••
Sylvain123
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Post by
Sylvain123
on Jul 16, 2020 7:46pm
I hope this looser company will give us good news
I hope, i said.
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