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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Southstone Minerals Ltd

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Post by misterz26on Jun 18, 2016 3:50pm

211 Views

Post# 24977266

Huge volume means

It is not a pump and dump. In fact, in the case of pump and dump, the volume is usually not that high.
TGV was the most traded in TSXV, the 5th most traded in TSX. And even when you compare it to volumes in NYSE, it appears at the 4th position in terms of volume.

For those reasons, I think that something huge is going on.

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