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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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Post by crazytownon Dec 05, 2011 11:50am
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Post# 19292256

the BIG question???

the BIG question???
With all the austerity, cut backs, deleveraging etc. Will rough diamond prices continue to fall and eat away at project economics making financing more and more difficult? Oh crystal ball, crystal ball what is the futre of it all? It is very difficult to predict especially with all the mixed signals in the rough market. For example is debeers selling out after such a long history a positive or negative sign? Why did Eira really leave Stornoway? Etc. etc. crazy times, and true conviction is hard to come by, never mind stick to.
Bullboard Posts
Dealroom for high-potential pre-IPO opportunities