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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 CravenRaven101on Oct 24, 2011 5:46pm
263 Views
Post# 19177234

RE: Feasibility Study

RE: Feasibility StudyThink of SWY as a battery... a battery stores electric potential... until it is actually plugged into something it is little more than a metal cylinder with a nipple at one end ... So...right now...SWY is a battery without any markings to determine what sort of voltage and current it is capable of... The feasibility study wil put those markings on the label... BUT once again... until it is pluigged in (and the mine producing) the potential is worth virtually nada...

here's another example... say... the BFS comes out... and they sink the first mine shaft... then what is SWY worth?

at this stage the value if SWY is "POTENTIAL." and SPECULATIVE... but IF THEY DON'T RAISE MONEY... swy IS WORTHLESS... you may as well be fishing without a hook on the line...

Bullboard Posts