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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Comment by misterz26on Sep 08, 2016 10:49pm

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Post# 25220526

RE:RE:whatever

VExGuru wrote: If it's not done tomorrow the deal is off, otherwise Firestone looks like schmucks to their own shareholders that has been given the gears by a junior on the venture exchange

Agree 100%, this is serious credibility issue in play here for both TGV and Firestone. Once credibility takes a hit, it's hard to come back.
IMHO, either the deal is done or Firestone moves on to another buyer.

If the deal is not done, I will personnaly never invest anymore in a company related to TGV management team.

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