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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
Post by taketheriskon Feb 07, 2017 9:46am
208 Views
Post# 25809251

PR - I see nothing to help the stock

PR - I see nothing to help the stockStornoway team achive great thing, but from now it's earning the clue for the stock.
3 bads news in the same PR :

1) diamond destructiion 
2) overun of sustaining capex
3) diamond pricing DOWN significaly 

now you know, what the reason Bob Chause decide to quit CFO job...
that's because the real value of SWY... The NAV look like very BAD with these 3 things.


Bullboard Posts