GREY:SWYDF - Post by User
Post by
crazytownon Apr 21, 2011 10:44am
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Post# 18469001
WRONG!!
WRONG!!
Stornoway has almost nothing in common with shore gold other than diamonds. Anyone who has done any due diligence would know this. Project economics, mine building costs, cpht grade, etc. etc. are vastly different.
Stornoway is in a class of it's own in my opinion and is a very, very unique company. Many times I have seen companies like this manipulated until one day the stock price explodes to the upside. Stornoway has no business trading at such a low price at it's current stage of development and in my opinion many who have done their due dilligence and know the important differences between diamond companies know this and are quietly laughing at those who don't and are accumulating at these gift prices.
It may be wise to focus instead on the new appointment of Mr. Ebe Scherkus, President and COO of Agnico-Eagle MinesLimited ("AEM") to the board of director. This is of importance as AEM is a large shareholder of Stornoway and why devote the COO of AEM's time to Stornoway unless to take advantage of his expertise on mine operation. In my opinion Stornoway has moved well beyond speculation.