GREY:SWYDF - Post by User
Post by
shambanoon May 23, 2007 5:37pm
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Post# 12827968
wow dead forum - where is everybody
wow dead forum - where is everybody
Either nobody believes in the Renard story any longer or they don't trust Eira?
Which one is it?
As an X Ashton shareholder I still believe that we were liberated from our shares at a big discount to true value of Renard but I made peace with it, and luckily took 100% cash for my Ashton shares so I'm not complaining what-so-ever.
I guess other X Ashton shareholders might also be a little suspicious of Eira and that is to be expected, as I'm sure she hasn't made many new friends over this deal except for a new financial backer (Agnico) and a new CEO toy boy.
I don't care what she does behind closed doors that's her business but this new relationship with Agnico is what I like, a financial sound major exploration company with access to lots of cash and current the biggest shareholder in SWY, (unless Rio still owns a big chunk that they converted to SWY shares)?
Does anyone know how many shares of SWY Rio currently owns?
Also, I'm sure Agnico has hooks into the Quebec voting machine and Quebec politics and Quebec is a friendly mining place enough said.
All this tells me this project has a very good chance for success on the politics and financing side of the equation as long as there are enough diamonds to make it work.
This is what we will find out in 2007 and 2008 when they perform their feasibility.
So sit back and pay attention to the reports, not the share price because I'm almost 100% sure the pros are playing with the price and your mind.
If the diamonds are high value, we are looking at much higher prices even with the dilution.
Oh well, I've babbled long enough, anyone else have an option on Eira or SWY?
Cheers adn GLA