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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.


GREY:SWYDF - Post by User

7936567 Canada Inc
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Comment by fourtwentyon Oct 05, 2006 9:31am
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Post# 11465390

RE: BUY ACA..ckruel

RE: BUY ACA..ckruelRealism is not appreciated here I guess. They have idea what they are in for with the remaining shareholders. We will not give in to this BS offer. SWY share price is on the down trend because people realize just how much more paper will have to be issued to raise funds to first pay back the loan for the cash part of this offer, and then to actually fund the project. The realized value of the ashton will be heavily diluted compared to what it could have been. i totally agree on the ACA poor management though, that is absolutely correct.
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Dealroom for high-potential pre-IPO opportunities