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7936567 Canada Inc SWYDF

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

Bullboard Posts
Comment by goofenoffon Aug 30, 2012 9:04am
199 Views
Post# 20278331

RE: RE: RE: RE: RE: RE: RE: Trading-mji77

RE: RE: RE: RE: RE: RE: RE: Trading-mji77

Lots of hoops to jump and paperwork to be in order. Once that is complete and Stornoway can say "ALL PERMITS ARE RECEIVED and IN ORDER FOR MINE DEVELOPMENT" than the financing can begin in earnest. Permitting will give confidence for a mine to actually go into production. That is when the SP will appreciate not before. Normal DD should be done by any long term investor and will pay off also with SWY.

A quick profit can be had by day traders. SWY is not a day traders paradise!

All the best with your investment, goofy

Bullboard Posts