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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

Comment by Stego67on Dec 04, 2018 12:28pm
92 Views
Post# 29061790

RE:tgv - diamond

RE:tgv - diamondI feel if something big was found we would hear about it , however the past has shown it has had little effect on th SP . So they may hold out until the Q report comes out with totals .  I do feel they will rebound back to the .04 or .05 range .  I’m not really sure why it has dropped so low while production has been fair , I would think  Tango makes more now than when it was just a coal producer ? ?    So why is the price so low ? 
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