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7936567 Canada Inc SWYDF

Metals & Mining Industrial Metals & Minerals
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

7936567 Canada Inc
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Comment by CravenRaven101on Sep 13, 2011 1:02pm
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Post# 19037182

RE: RE: RE: RE: Stornoway Announces Addition To S&

RE: RE: RE: RE: Stornoway Announces Addition To S&it's a tough period we're in... lots of people with one foot in and one foot out... it almost feels like there are some investors out there second guessing their commitment... trying hard to believe... BUT hedging their bet by locking in some gains before the news pops... let's NOT forget that a little more than 24 months ago (Spring of 09) the shares were sitting at 32 cents (post consolidation price)... with the feasibility study on the horizon I'm sure plenty of folks are hand wringing over how MUCH dilution will occur to get the shovels in the ground...and there's the current investment climate... with world banks predicting extremely sluggish growth and even some contraction... the appetite for any risque investment has to be waning... folks are worried about tomorrow and SWY is a 2 year gamble...

This is not unexpected.. at least not by me...

it's my opinion git yer own.

GLTA
Bullboard Posts
Dealroom for high-potential pre-IPO opportunities