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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 pharesfon Mar 05, 2012 12:37pm
258 Views
Post# 19627584

RE: RE: RE: MPV

RE: RE: RE: MPV

I too was curious about your 4-1 Ratio. I do not follow MPV that detailed, although from what I understand they have a larger resource and are more advanced overall(in terms of stages). Even though both are Diamond Juniors, I believe a 4-1 market cap direct comparison is little help in factoring when SWY will go up from its lowest low. 
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Personnally I believe it will come down to financing, obviously. Though, using a comparison to SGF, look what  happened to them last week. I am actually surprised we didn't catch a "cold" from that negative news. Keeping this metaphor going, I figure our relationship with the gov't bolstered our immunity from the downtick that Shore experienced.  Although we do have a great relationship with the gov't, that is only in our favour provided Charest can keep the confidence of the MLAs in Quebec or the next election between now and mid 2013. His opposition may have different agendas.
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Noting SGF recent fate, maybe Matt planning to take this thing all the way themselves is the best bet?

Bullboard Posts