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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

Post by marcassinon May 21, 2020 5:44pm
162 Views
Post# 31058322

have you seen the buyer today?

have you seen the buyer today?from credential broker, one bought many shares until 0.10$ If you are the buyer, at what price will you get out? Think about it. And maybe, he will buy more again tomorrow. Be ready for a pop-up on the price. Now, with the sell of kwena, only 20 millions of shares. This gem is profitable now. The valuation of profitable company is like between 10 or 15 times. Many mining companies reach 60 millions of value only with drilling results, only drilling!!! like FVL.to (value touched more than 110 millions last days) What is the real value of SML? Today, we have seen 1% shares traded of total. It's only the beginning.
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