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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 > Nice quarter !!!
View:
Post by GoodOutlook2015 on Feb 06, 2020 9:47pm

Nice quarter !!!

Up from a .05 cent loss to + .01 per share, that's a $230,000 profit or $77,000 a month, that's a good start to the year, can't wait until we begin to see some gold results. See you next quarter.
Comment by hempster on Feb 07, 2020 3:57am
Their profit per share was already 0.03 last quarter! Actually 0.025 but in the financials it got rounded to 0.03. 560k in 90 days is 6.2k profit per day, or $260 per hour, regardless whether operations are running or not. This is really not bad.