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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 > Shareholders' meeting
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Post by hempster on Apr 18, 2020 11:39am

Shareholders' meeting

Whoever has not seen it yet, the shareholders' meeting of Southstone will be on 15 May, and this year they'll also offer a broadcast, which does imply the possibility to ask questions directly.

Here's a link with more information: https://sedar.com/GetFile.do?lang=EN&docClass=16&issuerNo=00031079&issuerType=03&projectNo=03045181&docId=4703363
Comment by JSMichau on Apr 18, 2020 7:21pm
I think they didn't answer your question about Liberia because this would be privileged information and they need to make that information known to the public, not just one person.  
Comment by hempster on Apr 19, 2020 3:53pm
I am aware of that. I simply found it interesting that they gave us such a detailed and proper news release about the Kwena dispostion shortly after I contacted them, but lost not a single word about the Liberia project.  Their mining license in Liberia will expire in autumn 2021 if I recall correctly, so I think they really should put more effort into setting up operations there. Especially ...more  
Comment by POG1200 on Apr 20, 2020 5:43am
I only asked about coal.  Diamonds went well last year, so I'm not concerned, only they find them or they don't - there's risk involved.  They seem to be setting up to be a succesful diamond company.  I'd like to hear some news on their interest in gold - that they're either selling out or developing.
Comment by hempster on Apr 20, 2020 10:32am
Okay. As far as I know Soutstone does not have yet any active interest in gold - the Mining License of their project in Liberia does only include mining of diamonds, but is in the process of being amended to include the right to also mine gold. Hopefully we get some news on the shareholders' meeting regarding all that, and if not, we have at least the possibility to ask for more information.
Comment by bigstar10 on May 05, 2020 11:21am
AGM set for May 15!! For all the long time shareholders read your notice circular, very interesting times ahead. This will start to turn up very soon. GL
Comment by JSMichau on May 05, 2020 6:36pm
As you say bigstar, if you're a shareholder look at the notice, there's a link + code so you can listen to the shareholder meeting, you can ask them question you might have.  I think when they'll let go the coal, the attraction will get going.  The market cap is currently less than projected revenue and the float is low, so a lot of volatility on the way up.  We just ...more  
Comment by bigstar10 on May 09, 2020 7:34pm
AGM set for May 15!! For all the long time shareholders read your notice circular, very interesting times ahead. This will start to turn up very soon. GL PS....I never left Slyie, got you raising some alarm bells. lol!!!!