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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 misterz26on Aug 29, 2016 12:02pm
192 Views
Post# 25187112

The deal with Vanderbilt will not happen

The deal with Vanderbilt will not happenI have sold my position few days ago after a long and deep dd.
The deal with vanderbilt will not happen BUT a potential deal with another big mining player could happen but not today, more in the coming months.

I bough in March and sold few days ago.
Bullboard Posts
Dealroom for high-potential pre-IPO opportunities