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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.


TSXV:SML - Post by User

Southstone Minerals Ltd
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Post by rayparon Jul 16, 2016 5:23pm
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Post# 25059072

I guess 21 or 28 July for the big news release. Any comment.

I guess 21 or 28 July for the big news release. Any comment.Hi everybody.

I think and IMHO the Halt and the big news release about Firestone BK11 Diamond mine acquisition was on thursday 21 or 28 July with one or two days Halt. I am very confident because the administrator working hard on this project since one year and with the latest news release about Kwena group we realize that this company are able to do good transaction for all shareholders. Need no money to acquire 23% more in the Kwena group with a good delay payment with shares... for me it is very nice work by the admnistrator and i'm very happy about that.

Furthermore It demonstrates to Vanderbilt that the administrator are able to do good transaction and increase revenue.

I would be surprised that the transaction is not completed by the end of July. Remember TGV canceled the annual meeting planned for July 25. But if not at the end of July the other dead line is end of August.

Put your shares in a strong box and wait for the big news. IMHO

GLTA

Raypar
Bullboard Posts
Dealroom for high-potential pre-IPO opportunities