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 Kodiboyon Aug 18, 2016 1:51pm

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Post# 25155090

RE:RE:RE:RE:RE:RE:If analyse are positive why the drop?

I think the SP is were its at because of where the process is and the accomplishment that they have maintained and I would have been surprised if the visit gave a boost to the SP. The news was a mixture of good/OK information and kinda balanced each other out. Now, if they had some nice huge rocks to display, then that would have been a different story and that's not brain science of course. Would it be safe to say we haven't heard from every attendee?

Considering most here would not have predicted an SP above a buck this year if construction was only just on time, I think those same investors are pretty happy with the SP, I was hoping for another drop to seventy cents!

Have bought back in and will maintain my usual long term and short term trading positions just in case we have some large movements in the SP for whatever reason.

I wonder how many people are still under the impression that Storonway will continue being the operator of Renard, or will they be swallowed up at some point?

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