7936567 Canada Inc SWYDF

Metals & Mining Industrial Metals & Minerals

Stornoway Diamond Corp is a leading Canadian diamond exploration and producing company. Its principal business is the development of its flagship asset, the fully-owned Renard Mine, located in Quebec, Canada. The company intends to grow its business through the exploration and development of its mines. Stornoway also holds interests in a portfolio of exploration assets across Canada through owned properties and joint ventures. These properties and joint ventures include projects such as Adamantin, Qilalugaq and Pikoo.

GREY:SWYDF - Post by User

7936567 Canada Inc

Bullboard Posts

Post by Riotacton Aug 22, 2008 9:29am

577 Views

Post# 15403395

MY THOUGHTS ON SWY

I am delighted that raw diamond prices are rising. If Debeers prices are up 16% then it definitely adds to the bottomline of the feasiblity report on Renard due anytime now.

My understanding is that Stornoway is next in line to receive the AMEC feasiblity report. AMEC released the Shore Gold 43-101 estimate on June 9/08.

Its nice to see strong accumulation of SWY shares over the last year as reported by insider companies
Lorito Holdings (a company controlled by the Lundin Group) has 12.75 million shares and AIM mutual fund has over 13 million shares.

Bullboard Posts

Catch up with companies that got a Stanley Cup Playoffs boost