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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
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Comment by mjl777on Apr 24, 2014 1:37pm
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Post# 22487194

RE:RE:RE:RE:RE:RE:Confidence Shaking Daily

RE:RE:RE:RE:RE:RE:Confidence Shaking DailyI think the company prefers to downplay the significance of the drilling because it was a major blunder to defer the drilling (and not prove up the resource) for four years. Stornoway had ample opportunity to change course (BFS with mediocre economics, dilutive 2012 financing etc.) and they didn't react. Sad, but true.
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Dealroom for high-potential pre-IPO opportunities