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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 Nov 13, 2013 6:15pm
146 Views
Post# 21903641

RE:RE:RE:RE:flow through shares no worries

RE:RE:RE:RE:flow through shares no worries

I was wondering that as well.... 

It really appears that lenders want further derisking in order to deliver on terms that SWY is willing to accept. IMO all this money is spoken for and orchestrated to accomplish financing on the best terms possible and I am thinking that some of that money will be to buy back into NAR.... This is just my everchanging opinion. 

Haven't bought into NAR yet, Bought DPM though and they are up since my purchase. Things are interesting right now and I am only half in SWY at the moment... scared to go back in full for fear of the past repeating and dropping in SP again....Though I definitely would not borrow at this stage! 

Oh well... my endless musings that take me away from being a more efficient and productive member of society.....
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Phares

Bullboard Posts