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Bullboard - Stock Discussion Forum 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... see more

GREY:SWYDF - Post Discussion

7936567 Canada Inc > Avenir de Stornaway
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Post by michelville9 on Aug 19, 2019 4:38pm

Avenir de Stornaway

Les 550 emplois a 100 k$ par annee rapporte au moins 25-30 M$ par annee en impot au 2 gouvernement a part les autres taxes.  Beaucoup d'interet a ce que la mine reste ouverte surtout qu'il y a des Inuits en emploi et qu'ils le merite.

Garder espoir. Les miracles peuvent etre provoques quand les interets sont la.

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Comment by bingostar on Aug 19, 2019 6:45pm
Je crois aussi que la mine va  survivre , cependant il est probable que les cranciers prennent le contrle de l'actionnariat avec une conversion qui va engendrer une telle dilution qu'il faudra faire un reverse split de 1000 pour 1 action style prometic life.
Comment by griefman on Aug 19, 2019 7:42pm
There is no guarantee the mine will or will not survive and if the entity called Stornoway will survive. Obviuosly many jobs are at risk, but unfortunately this happens to even the biggest companies in the world. Its not rocket science, just financial viability or not, at this time....simple.
Comment by Stingray on Aug 22, 2019 1:46pm
https://www.youtube.com/watch?v=WW6YqjeYisM
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