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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 onetimeron Jul 23, 2019 11:11am
120 Views
Post# 29950970

RE:Tango will

RE:Tango will
rough calculation

Bluedust will provide Tango with about $128000 US and oryx about $90000 US for the 2 months period ended july 7 with all expenses covered before oryx gets paid and bluedust is covering expenses.
That is 1.46 million US if it stays the same for the year.. That should be enough to cover overhead, pay some debt  down and have some left over for new projects that are in the pipeline.

1 more release like this in 2 months should propel the stock up
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