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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
Post by BeerGeekon Mar 13, 2017 9:38am
158 Views
Post# 25970264

Opportunity...

Opportunity...

For the last few weeks there has been a massive support and resisitance causing the stalement on price movement. 1.5 million shares on either side. 

This mornig the resistance finally lifted, and there looks to be a road paved to push this stock up for now. 1.5 million of shares on bid at $0.05 and only 400,000 at each penny up to $0.11 for a new resistance ceiling. 

Just a heads up for all. Could be interesting. Could be nothing. 

Bullboard Posts