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Bullboard - Stock Discussion Forum 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... see more

TSXV:SML - Post Discussion

Southstone Minerals Ltd > Finally! Middlepits licences renewed!
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Post by hempster on Oct 18, 2018 12:46pm

Finally! Middlepits licences renewed!

https://www.stockhouse.com/news/press-releases/2018/10/18/tango-announces-renewal-of-middlepits-project-permits

Hopefully this brings some movement into this stock, but atm it sure does not seem so. However it is good to see that things are moving in the right direction! GLTA
Comment by Pacmann on Oct 18, 2018 4:00pm
definitely a good news. But stock price will remain sideways until diamonds are found. This will be a long process with exploration and samplings to be started. Nevertheless it is still news we been waiting. I always said that this will be a long term hold. I'm not going anywhere...
Comment by hempster on Oct 18, 2018 4:15pm
Yes, I fully agree with all what you said. However, renewing the licenses took really pretty long for this Middlepits project, I think now that this is settled we could see faster progress. Plus I think that the other projects they anounced a few weeks ago might show quicker progresses. But yeah, until these projects don't return any revenues we should not expect too much in terms of stock ...more