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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

Comment by pierrelebelon Sep 19, 2019 10:01am
143 Views
Post# 30143002

RE:bankruped

RE:bankruped
Roberto10 - Have you been paying attention?

In the spring SWY announced its financial results for the first quarter:

"For the three months ended March 31, 2019, the Corporation reported a net loss of $48.4 million ($ (0.05) per share on a basic and fully diluted basis). Adjusted net loss1 for the first quarter was $51.0 million ($(0.05) per share basic and fully diluted)."

It was no secret that SWY was bleeding money - it was public information.  If you purchased shares at the time or kept holding on shares previously purchased and you need to blame someone for your loss: look into the mirror.

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