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 mjl777on Apr 05, 2017 5:58pm

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Post# 26082641

RE:RE:RE:RE:Matt Manson

Perhaps, I'm just looking for a reasonable exit value. In hindsight, those are easy to identify. In real time, not so much.

BTW, you should understand that there can be a disconnect between the intrinsic value of a corporation and what management is actually able to deliver in terms of value. So ya, if I'm negative, I'm negative on SWY's management and board, not the potential. Said this before, but SWY has yet to deliver the goods. Building a mine is a nice exercise with lots of benefits for the province of Quebec. But so far, it's very fair to say that SWY hasn't delivered on the metric that truly matters.

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