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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 POG1200on Dec 23, 2019 8:45pm
183 Views
Post# 30486117

RE:24M shares = High volatility!)

RE:24M shares = High volatility!)
A profit this year over a loss last year.  Let's see if it brings Southstone stock buyers - and yes, here's where a small supply of shares out might cause the sp to move up dramatically.  Depends on how strong the demand to own shares of Southstone is.  One would suspect the trend towards profit to continue in the future...  Never know what the mines are going to be diging up, but fingers crossed things keep moving in a positive direction.  At this point it is kudos to the management - nice job.
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