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.

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7936567 Canada Inc > something is not right

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Post by roberto10on Sep 27, 2019 12:54am

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Post# 30169328

something is not right

While management want to screw the shareholders ,the mining is still running up north QC
If the company is losing money ,why continue ? I Guess management want to keep their jobs .DId QC GOVERNMENT check the records ? It does not make sence that operating and losing money year after year ?Who wants to buy this mining operation ,when there is no profit to be made . If the QC GOVERNMENT wants to keep the mining going ,then they should subsides the wages to the 540 workers . The present managers should all be fired for being stupid . If it was not for investors putting up the money ,there would not have been a diamond mine in the first place . Also why let millions of share be sold ,when they knew that that there will be delising comming soon ?

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