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Bullboard - Stock Discussion Forum 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... see more

GREY:SWYDF - Post Discussion

7936567 Canada Inc > ownership
View:
Post by roberto10 on Sep 09, 2019 2:38pm

ownership

We all own this company ,not the managers that are stupid . They way I see this,the QUEBEC PENSION FUND will as so be losers .
 Something here is total out of wack . Did any one call the txe ?
Comment by pierrelebel on Sep 09, 2019 2:57pm
"Did any one call the txe ?"  For what purpose? It is pretty simple: over the years investors (shareholders like yourself) and the government of Quebec and La Caisse and other large investors invested hundreds of millions in that mine. Over the years it turned out that it did cost more than expected and the revenues were less than expected.  Some mistakes may have been made ...more  
Comment by griefman on Sep 09, 2019 3:16pm
roberto, why are you asking if anyone has called the TSX?  Have you? Im sorry if you’re missing the basic understanding of what has happened here...blaming management is kinda fruitless, it’s obvious they’re just there in name only and have no real power as the ones who do, are major SH who continue to pull the strings on a puppet lead team, who have the expertise, but not the power, and ...more  
7936567 Canada Inc
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