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 > From Wills stockwatch blog

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Comment by Infirstmoneyon Sep 10, 2019 2:55pm

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Post# 30113727

RE:RE:From Wills stockwatch blog

Osisko will add it to their holdings, when all the banks and lawyers sign off on a bankruptcy settlement. Only condition probably being, that the banks and the Canadian Gov't affiliated company get a few loonies. They get it, in exchange for the money that they lent SWY.

SWY not expected to ever trade again.

Osisko are very good managers and allocators of capital. SWY managers, well, not so much.

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