GREY:SWYDF - Post by User
Post by
crazytownon May 03, 2011 11:07pm
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Post# 18526373
THIS IS A BIG DEAL!!!!!!
THIS IS A BIG DEAL!!!!!!
In my opinion the official announcement of Plan Nord is very important and will prominently feature Stornoway as it's crown jewel. It will be the start of increased media exposure for SWY, and yet still further derisking of the project. This will luckily be happening at a perfect time leading up to the release of the new diamond valuations. The diamond valuations will be extremely important to Stornoway and should have a major impact on project economics, resource value and thus share price appreciation similar to the effect the revaluation had on MPV.
High cpht mult billion resource, gem quality diamond mines at the end of a highway in a friendly mining jurisdiction, at feasability stage, partnered with Agnico Eagle and the government don't come along every day. If you don't agree, try waiting for another one, hope you are young.