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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 > News .Tango terminates Angola
View:
Post by Pacmann on Aug 16, 2019 9:16pm

News .Tango terminates Angola

why? I was really hoping for this project to go through. I hope they have some other mines in mind. Very disappointed
Comment by Pacmann on Aug 16, 2019 9:46pm
i guess the Angola mine wasn't feasible. Maybe they want to concentrate all their resources on oena which is very feasible producing top quality diamonds. Maybe they want to futlrther ramp up production. We may find out what their motive is at the meeting in September.it will be very interesting
Comment by JSMichau on Aug 16, 2019 10:33pm
Maybe they found better opportunity elsewhere.  They could be tempted to seek alluvial gold mine, with the gold price soaring like that.  One thing is for sure, they are clearing up a lot of debt. 
Comment by Pacmann on Aug 19, 2019 4:06pm
I agree they are freeing up lot of debt. Which is good thing. Im thinking they want to concentrate their efforts on Oena, generate revenue and then slowly think about purchasing other mines somewhere down the line. Baby steps are needed before we can run
Comment by Pacmann on Aug 19, 2019 7:25pm
HOPING THEY UPDATE THE OENA PRODUCTION SOON LIKE LAST TIME. HOPE THEY UPDATE MONTHLY AS WELL
Comment by bigstar10 on Aug 22, 2019 9:05am
Gonna run soon....easy triple from here!!
Comment by rilangloi on Aug 26, 2019 4:03pm
Salut J.S. As tu reu l'avis  de meeting du 13 septrmbre et peut tu m'expliquer de quoi a l'air car je ne suis pas trs bon en anglais On dirait que Tucker n'est plus dans le portrait
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