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Southstone Minerals Ltd FDGMF


Primary Symbol: V.SML

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 > Tree shakin, normal
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Comment by onetimeron Jul 03, 2019 9:26am
150 Views
Post# 29882698

RE:RE:Tree shakin, normal

RE:RE:Tree shakin, normalHi , From sept 2018 press release

Important Notice: The Company will no longer publish monthly Oena diamond sales information and will publish quarterly sales information moving forward.
Read more at https://stockhouse.com/news/press-releases/2018/09/13/tango-provides-2018-financial-year-end-operation-and-production-update#35JPP7YjkXO5bboS.99

We were getting used to monthly, but it costs time and money to post press releases. 

The omly major issue with moving forward is they have all these deals that they get 30 - 60%- of revenue and then they have to share that with the financiers adn the other owwners of ASM.

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