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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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Comment by taketheriskon Apr 14, 2016 5:30pm
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Post# 24768402

RE:RE:TARGET PRICE

RE:RE:TARGET PRICEI agree with you. with the new fiscal year, Q-1 is presently close.

we can assume than near of 80 % of the construction is done at March 31th 2016 and by the end of April should be near of 85 %. 

the head of the construction Ronald Bougie it's smart guys, he was the head of construction of Osisko (no issue construction). SWY looks very good  with this guys to finish the construction of Renard.

By the way, Q-1 SWY should be record expense on derivative-debenture - the stock price going up from $0.72 to $1,05.


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