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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 owned properties and joint ventures. These properties and joint ventures include projects such as Adamantin, Qilalugaq and Pikoo.


GREY:SWYDF - Post by User

Bullboard Posts
Post by moneydazeon Dec 14, 2009 1:55pm
421 Views
Post# 16585115

hmmmm

hmmmm

I am going to speculate her just a little and go with my gut on this one......takeover comin

the share price is being supressed at the .34-.36 level and not allowed to reach much higher. It seems like every time someone bids  for a certain number of shares more than the ask, the ask number of shares either matches or exceeds it in a matter of minutes,

If the share price does manage to inch over .35 the same house time and time again throws up a large block and down goes the price again to the .33-.345 level.

watch the daily trades and one house day after day are net buyers of this stock. not in enourmous quantities but 300k plus per day with very little selling and if they do sell it is usually just a cross.

the stock is trading well below actual value and has some serious upside potential to it. For a company with a market cap below 100 mil but has property with a value in the billions..... something wrong there.

its ripe for the picking and i have a gut feeling were gonna get plucked


JMHO Moneydaze

do your DD

Bullboard Posts