Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

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
Comment by craziecanuckon Apr 18, 2011 11:48am
355 Views
Post# 18446676

RE: RE: RE: Hidden Gem- the next sector to take of

RE: RE: RE: Hidden Gem- the next sector to take of
This kind of day will cut the legs out from under almost any stock...may be a buying opportunity for those not already in or wishing to add.


Keep your eye on the fundamentals...U.S. & Global deteriorating financial dilemma for industrialized world (Canada is not exempt here, although we have done remarkably well and our economy continues to be one of the safest markets to invest in, attracting investment capital from around the world) & effect on amazing commodity prices including diamonds...increasing corporate earnings driven by strong growth in other parts of the world where inflation is becoming a problem which will further exacerbate the flight to gold, diamonds and other precious metals...amazing diamond discovery in the safest part of the world.


The world's population and related economy is a huge juggernaut that stumble and falls sometimes, but at the end of the day it just keeps getting bigger and nothing can stop it or the desires of the billions striving for a better life and more "things".


This is what the corporate world feeds on and while profit takers, speculators and bears will drive down the markets temporarily, there is no better place to invest your money unless your are satisfied with low (boring) rates of return, than equities...and I like diamonds almost as much as gold.


It's no fun being down but if you're going to make any money in the markets you have to remember the reasons your originally took a position in an investment and if they are still valid...maybe you should buy more and average down your cost. There are no logical reasons I am aware of that this project shouldn't go ahead to the benefit of all shareholders....just takes time.


Keep the faith


Bullboard Posts