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.

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7936567 Canada Inc

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Post by crazytownon Oct 25, 2011 5:57pm

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Post# 19180731

RE. Rough diamond prices soar????

Your kidding right? If you believe that, implying that Harry Winston and others have suddenly deferred diamond sales because the rough market is booming, maybe someones got a bridge to sell you. Take your pick, Brooklyn bridge, London bridge, how bout the Eiffel Tower, special deal if you take all three. "De Beers.... has kept its prices stable in the past three months, while rough dealer trading has come to a near standstill as buyers continue to push for deeper discounts. Goods sold by the Diamond Trading Company (DTC), De Beers sales and distribution unit, are being offered for resale on the secondary market at estimated discounts of around 15 percent, Rapaport Research has showed." By Avi Krawitz Interesting dicotomy, don't you think. Just my opinion, good luck to everyone. ps. landlubber, hope you are not under water.

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