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Bullboard - Stock Discussion Forum Southstone Minerals Ltd FDGMF


Primary Symbol: V.SML

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

TSXV:SML - Post Discussion

Southstone Minerals Ltd > have you seen the buyer today?
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Post by marcassin on May 21, 2020 5:44pm

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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