Bullboard - Stock Discussion Forum Southstone Minerals Ltd FDGMF

Primary Symbol: V.SML

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... see more

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Southstone Minerals Ltd > Project update

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Post by Pacmann on Mar 12, 2020 7:56pm

Project update

anyone know when is next update

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Comment by hempster on Mar 16, 2020 12:36pm

Until April we should get the q2 production numbers, they might include more info in that one. But regardless of that we might see a bigger update soon since the Kwena servicing contracts for the coal mines will end in June so it would be really great to know what happens afterwards, especially after all their talk about selling their stake in Kwena group

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Comment by POG1200 on Mar 26, 2020 8:29pm

Agreed, will be interesting to see where things are at. Coal is not the thing to be in anymore. Managment knows it. Lots of reasons for this, including the price-per-ton tanking. Management is resoved to dispose of the Kwena Group - at any cost... Seems right. The diamond business looks pretty good... Diamonds could be good going forward from here... Still might be a ...more

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Southstone Minerals Ltd