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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

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Post by Sylvain123 on Oct 29, 2019 11:47am

To Bigstar

When a consolidation comes, usually the price of the share is a multiple of of the shares consolidation. . One for ten, so if the share price was .01, the next price will be around 0,10 and not 0,30 like you suggest.
Comment by bigstar10 on Oct 29, 2019 5:01pm
Hey sylvazz, it was pushed down to a penny for a reason, now is way undervalued, should be .30 correlated to .03 pre-consolidation. Must of took you a while to do the math on that one, wink wink
Comment by FacBine on Oct 29, 2019 5:25pm
Pump & Dump like always