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 neineron Dec 12, 2016 11:16am
240 Views
Post# 25585710

Tis The Season

Tis The Season

WOW!! Trading under a dollar who'd a figured! At this point and time I am really surprised to see it drop so low. Institutions reaping for the year end figures or brokers trying to meet quotas? A lot of talk about upcoming diamond sales and all that stuff. Always a lot of talk about upcoming whatever to keep this stock going and to keep from being a sell off. What is management doing to keep it above a dollar, besides sitting back and expecting us the investor to wait for something around the corner as always? Have they made any effort to buy back any of the shares even though they seem to have extra cash or are they waiting to become an official producing mine and put the first production run out there and maybe do something with the outstanding share volume...something. I have held this stock for some time but am beginning to think it is a bloated pig with know where to go except down due to the outstanding share volume. I think after the first production run if they don't do something to bring the outstanding share volume down and the stock dosen't start to show decent promise/return, time to get out!

Good Luck All


Bullboard Posts