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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.


TSXV:SML - Post by User

Southstone Minerals Ltd
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Post by Pacmannon Oct 22, 2019 1:04pm
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Post# 30255322

LET'S SEE THE POSITIVES

LET'S SEE THE POSITIVESAS WITH ANY JUNIOR COMPANIES COMES WITH HEAVY RISK. THE ONLY THING THAT'S MAKING ME NOT PANIC IS THE FACT THAT THEY HAVE A VERY VIABLE AND HOPEFULLY PROFITABLE ONEA DIAMOND MINE. IF THIS PRODUCTION KEEPS UP THIS COMPANY MAY IN NEAR FUTURE MAKE PROFIT AND INVESTOR'S CONFIDENCE. SO LET'S KEEP THAT IN MIND. THIS IS NOT AN EXPLORING  JUNIOR MINE COMPANY BUT A PRODUCING DIAMOND MINE COMPANY. I'M STILL LONG. I HAVE NO CHOICE NOW.
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