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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Post by GoodOutlook2015on Sep 12, 2019 11:53am

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Post# 30120045

Q3 Financial Report : Earnings/Loss per share $0.00

I was re-reading the report last night and it turns out that Tango is on track to have earnings in excess of 14 million and as of Q3 have a Zero ($0.00) cent loss per share. Aurora cannabis who just reported Earnings yesterday has a .12 cent loss per share. It will be very interesting to see the year end (August 31) and Q4 financial report which should be released in the next few weeks.

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Gold, growth and sustainability in focus for Mandalay Resources