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.

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7936567 Canada Inc

Bullboard Posts

Comment by mjl777on Oct 09, 2014 3:04pm

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Post# 23015608

RE:RE:RE:RE:RE:RE:Wednesday

I think it may test 50 cents before the end of the tax loss selling season and in the absence of any positive, material news. It could easily slide even lower once the new option grab is completed.

I disagree with ExecutiveChef's opinion that the valuation is predetermined. In the absence of confidence inspiring actions by Stornoway's board, there will be selling pressure in the short term. They could easily maintain and grow the share price if they so desired.

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This battery metals stock is on a path to the global stage