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.

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7936567 Canada Inc

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Post by moneydazeon Jan 07, 2010 9:19am

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Post# 16648649

morning

Goodmorning,

I wouldnt panic either ( even though i hope you do !!) like diamondmine said the fundamentals have not changed this is still a great company with rocksolid managment. I would ecpect to see one more pp in the future in order to drill all targets to depth and then we will see the company go to the debt markets for funds to build the mine itself.

Although i sold at .70 I am chomping at the bit to get back in I previously said I would get back in around the .60 to the .62 mark however the depth looked weak . i am sure i not the only one just waiting for the strength to change then ill be back on board.

good luck to all

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