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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
Post by Stornyon Jan 19, 2018 7:58am
183 Views
Post# 27392113

Griefman, you just don't get it....

Griefman, you just don't get it....You are too busy bashing LC, and you did not analyse my previous post. I did not say anything about profits. Since the stock was tanking anyway, LC would sell 100k shares at $1.20 and rebuy at $0.70, which would reduce his break even point for those 100k shares by $0.50 At this point LC would have two options; one, take the $50, 000 cash difference and buy a truck or buy 171,428 shares ($120,000 / $0.70) thus increasing his shares buy 71,428. Both option would reduce his break even point.  Griefman, "Hate is energy in the wrong direction".
At the end of the day; Who gives a damn. LC keep up with your analysis...it saves me a lot of time...plus you are better at it. TTFN
Bullboard Posts