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Bullboard - Stock Discussion Forum
Southstone Minerals Ltd
V.SML
Alternate Symbol(s):
FDGMF
Energy
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...
diamond property. Oena is approximately 8,800 hectares in size and covers a 4.8 kilometers (kms) wide strip along a 15 kms length of the lower Orange River. The property has two separate and distinctly different aged diamondiferous bearing paleochannel gravels: Proto-terraces and Meso-terraces. Its subsidiaries include TGV Resources (Pty) Ltd, African Star Minerals (Pty) Limited and GAH Mining (Pty) Ltd.
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TSXV:SML - Post Discussion
Southstone Minerals Ltd
> BIG STONE....!!!!
New Post
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Discussion
List
(4)
•••
MakeMoney2000
X
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Post by
MakeMoney2000
on Jan 14, 2020 2:20pm
BIG STONE....!!!!
I'd
like
to
see
an
employee
hit
a
foot
on
a
big
diamond
as
he
walks
on
a
pile
of
gravel.
T
his
would
be
a
dream
because
at
the
moment
it
dead.
Very
little
volume
and
no
interest
for
SML.
What's going on with you M. Kalaf and your board of director?
Oena produce quality diamond so:
you
should
buy
high-capacity
mechanical
excavators
and
significantly
increase
production
at
Oena
to
earn
income
and
explore
other
sites
or
buy something in the gold sector.
Come on move it.... move it
Raypar
(251)
•••
bigstar10
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Comment by
bigstar10
on Jan 15, 2020 11:02am
Patience here,,,,,when this goes it'll surprise many! Lots of accumulation been going on.
(4)
•••
POG1200
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Comment by
POG1200
on Jan 15, 2020 2:57pm
SML may be close to a much larger share price. I think SML's sp depends on the next annual report. I think the magament knows what it's doing. Because of them SML has gone from an annual loss to an anual profit, albiet a very small profit. There's a chance, depending on production outcomes, that next year's profit is dramatically more, at which time
...more
(21)
•••
hempster
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Comment by
hempster
on Jan 16, 2020 12:03pm
Already in the end of this month we'll get new quaterly financials, they should also help to point the stock price into the right direction. In Q1 2020 (see the latest production update from 27 Dec for that) they had $2 Million in diamond sales, of which almost $700k (Cad$900k) should go to Southstone's balance sheet, and a strong coal production in Q1 2020 which is alltogether very
...more
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