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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 Sylvain123on Aug 11, 2020 7:47am
215 Views
Post# 31391371

I am laughing, poor company!

I am laughing, poor company!
In the last month, 275,000 shares were traded for a total of $20,000 or $21,000 imagine. Really not interesting and the management does nothing to improve the lot of the shareholders who lost a lot of money. Fortunately, it only has 20 million shares outstanding. Since you can't finance yourself properly at the price of 0.06 cents per share, it has to go up but also have big volumes. Management has to wake up and make things happen.
 
 
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