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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 > In the march 11 news!!!!!
View:
Post by MakeMoney2000 on Apr 09, 2019 11:50pm

In the march 11 news!!!!!

During the most recent production period, December 2018 – February 2019, a total of 297.94 carats (111 diamonds) were produced. A total of 104 stones totalling 284 carats were placed on tender in Kimberley or sold to the state trader. The average price of sold carats was US$3,170 per carat. This includes a 26.41 carat diamond which sold at US$12,681 per carat.


What's going with the seven stone or 13.94 carats they did not sold. It's rare diamonds like pink color or poor diamonds?????

It's an amazing price per carat at US$3,170


I know i'm new today if you see my profile but my old Nick name is Raypar and i'm on Stockhouse since 2004.

GLTA old and new shareholder's

Raypar
Comment by bigstar10 on Apr 11, 2019 12:33am
This is so undervalued, not even funny! Producing diamond mine at 3m m/c,,,,,,really??? Gonna lift off very soon.