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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 Diopsideon Oct 31, 2008 4:37pm
115 Views
Post# 15559505

RE: RE: RE: RE: RE: RE: RE: RE: RE: RE: RE: RE: RE

RE: RE: RE: RE: RE: RE: RE: RE: RE: RE: RE: RE: RE

Yet there are diamond mines I listed that do make profit at those grades.

What units the grade is published in is immaterial as long as they are correct. 0.8 c/t = 80 cpht

Jericho was about 0.8 c/t, but it had much higher cost per ton that Renard will have due to it being in Nunavut.

Please exlain why you believe that mines with <1.5 c/t do not work out or rescind your comment.

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