Bullboard - Stock Discussion Forum Southstone Minerals Ltd V.SML

Alternate Symbol(s): FDGMF

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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

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TSXV:SML - Post Discussion

Southstone Minerals Ltd > Mr. Tucker

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Post by JSMichau on Aug 28, 2020 7:16pm

Mr. Tucker

Kalaf selling looked like bad news, but Tucker bought 1,750,000 share at 9cents for 164,150$ ... so I think this is the biggest buying of share from an insider ... That's more I like it... Anyway at 1.15million $ market cap, there's not much downside, especially if they find diamonds worth more than that!

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Comment by hempster on Aug 28, 2020 7:40pm

This is what I posted on ceo regarding this deal: This is some serious money, way more expensive than in the open market. Exactly the same price the shares were valued at in the debt-for-shares deal with CCML.Part of this NR was also the debt relief of two directors of the company, and Terry was certainly one of them. Maybe we can take this as a hint that the CCML deal was finally approved by ...more

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Southstone Minerals Ltd