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 pharesfon Nov 15, 2013 1:02pm

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Post# 21910500

Good News and Bad News

So take a moment to look at the last trades that dropped our holdings' value by over 10%. The sellers were all over the place, cannacord, RBC, National, among a few others. 300,000 shares traded in a quick sell off. Maybe triggered stop loss sells at market and Boom! That happened. Which was the bad news, unless you're still long and want to get back in..... But this is the good news now, in my opinion. Look who was the one doing nearly all the buying!!!! Tada.... Dundee. I don't think they are that prevalent for the everyday investor like td or RBC etc. So I would believe that those buys were all institutional and for the long term. I don't believe those shares will be traded again anytime soon.

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