GREY:SWYDF - Post by User
Post by
crazytownon May 27, 2011 1:34pm
517 Views
Post# 18635727
YOU HEARD IT HERE FIRST!!!!
YOU HEARD IT HERE FIRST!!!!
In my opinion Stornoway is THE most LIKELY takeover target in the diamond sector by far.
1. The 100% project ownership of multi billion dollar high cpht Renard,
2. the ridiculously low market cap compared to deposit,
3. the constant shakeouts,
4. the free pipeline diamond projects to the lucky buyer given no value in current share price
5. the general derisking of the project
6. friendly mining jurisdiction
7. feasability due out soon
8. the tremendous potential project upside
9. currently trading below last placement and far below analysts targets
etc. etc.
ALL in my opinion make a takeover VERY likely in the VERY near future.