Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

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
Post by CravenRaven101on Oct 03, 2013 3:42pm
145 Views
Post# 21789008

How about some chatter on Long term supply contracts

How about some chatter on Long term supply contractslest we all forget that diamonds are not just a girls best friend, but a friend to all sorts of industrial users of these rocks... AND that one of the strategies this management group has indicated they are willing to go to is to find long term supply contracts for their rocks... be it gem quality OR industrial. There's more than 1 way to locate capital, I highly doubt the board wil approve dilutive equity offers... I would suggest that Loans... and suppl;y contracts will be part of what builds this mine... of course there is also equity... and I would suggest that IF managment goes this way.. they will do so ONLY if they can reward long suffering current share holders with some choice warrants...

and on a final note... I highly doubt the explorers in this company have been sitting on their hands waiting for the mine... It's my guiess that they have been busy prepping for additional mineral resource evaluations so that they can market one or more of their other prospects...

as always it's my opinion get your own and do your DD...
Bullboard Posts