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Southstone Minerals Ltd V.SML

Alternate Symbol(s):  FDGMF

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.


TSXV:SML - Post by User

Bullboard Posts
Comment by misterz26on Jul 10, 2016 11:02am
88 Views
Post# 25039102

RE:re;new investment

RE:re;new investmentPelangio (PX) has very promising assets in Africa and Canada. Very strong management team. Their assets in Ghana are surrounded by big players. They dealt very well with the hard times of the bear market and now are positionning themselves as ready to drill. Calcultations in their documents for investors are based on price of gold of 1450$ so they should start moving pretty soon.

Hope it helped.
Bullboard Posts