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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
Post by crazytownon Nov 21, 2011 10:53pm
385 Views
Post# 19256312

RE:RE:RE: LOWS

RE:RE:RE: LOWS Check out company presentations. Renard has potentially 80 million carats over about 40 year mine life. Expected revenue of about $350 million per year. At the end of a road, in Quebec with government and AEM as major shareholders. Positive FS study. $100 million line of credit. Plus about $25 million in the bank(approx. .20 cents per share). Some incredibly compelling pipeline projects no longer reflected in the share price. Completely oversold on good news, which is actually much much better than uninformed may think. Debeers just bought out. Etc. etc. Stockscoops is hanging in there for good reason, and it's not likely for a few cents one way or the other. More likely a HUGE score. Just my opinion, good luck to all.
Bullboard Posts