7936567 Canada Inc SWYDF

banks and brokers control this stock

[shambano1]

up and down and up and down is the way banks and brokers make money, they could care less about long term investing, so when they pumped up the shares you can bet they were the ones selling in the 1.20-1.30 range.

no one could have known how high SWY would go with the proper press coverage and analysts upgrades and word of mouth retail investing but longer term it means nothing.

the initial sale won't be above expectations since the first batch had a larger proportion of smalls but it also had some nice big clear stones as well.

as they work though the different phases and get a fell for the resource and diamond sizes and quality differences they will fine tune production process to maximize the grade and average prices will be higher next year than this year, I think I can almost guarantee that but I'm not a mining guy so take that with a grain of salt.

look pas the daily noise and SWY will be a great investment over the next 10 years, it's a question of how you want to invest, short term trading, medium term or buy and forget long term style of a combo of all 3 ??

I was expecting a pull back only because initial results will not blow the roof off but they should be decent enough for the smarter mining guys to understand the implications and future improvements in grade and average prices.

diamond sales on 14-novemenr and with news release shortly after that date?

how long can it take to value a batch of diamonds and complete the sale 1 or 2 days??

just curious GLTA