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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 > In the bankcrupty case
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Post by dandu1924 on Sep 11, 2019 7:57pm

In the bankcrupty case

A lot of people  miss the big point, for the shareholders in bankcrupt case this is the end and you lost your money ( the share = 0) , this is very clear from the Minister of Quebec, sorry for the all shareholders, they lost their money  because  they are not protected by the law. So just the bigs creditors will have some return, but not garanty.
Comment by griefman on Sep 11, 2019 8:04pm
Ah, I beg to differ, in that most here DO understand the “big point”, that truly this is the end, with the exception of one poster who’s name rhymes with suck my toe...
Comment by rob1237 on Sep 12, 2019 2:20pm
 This one will not return nor trade again on the stock exchange. Osisko royalties are entitled to buy the assets as they are secured creditors. SWY no longer exists. 100 % loss for common share holders. U as an ivestor gets ZERO. U lost all ur money 100%. End of story. 
Comment by rocdic on Sep 16, 2019 9:26pm
This post has been removed in accordance with Community Policy
Comment by cicerelli on Sep 17, 2019 11:41am
He sure made bank off our backs, though. He must be one of them genius types. Every time I hear the name Matt, or Manson, or Hansen, or diamonds, I think of him. I got screwed harder by that guy than I’ve ever been. 
Comment by griefman on Sep 17, 2019 12:24pm
Oh my, one of LC’s little minions, “Dino” has crawled from under ground...so where or where is the big boss? Dino was part of the so called legacy shareholders who tried to control any poster who went against them, and they were ruthless, especially any new posters who were quickly shamed to never post on this forum again, it was brutal, it truly was!  You never, unless it was me or a very ...more  
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