Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

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 Rishikon Oct 31, 2017 9:21pm
128 Views
Post# 26885447

Read my post below before this one ( last translated piece w

Read my post below before this one ( last translated piece w

It is the Government of Quebec, through Investissement Qubec, which is the biggest shareholder in Stornoway Diamond, with nearly 30% of the shares of the mining company.

 

The Fox project was launched with a scenario which provided for a duration of life expectancy of 14 years. Already, the operators have identified additional reserves that could extend to six years the exploitation of the deposit.

 

"We have a team that continues to work on-site. Evidence of presence of diamonds have been identified within a radius of 40 km around the mine. "- Patrick Godin

 

One thing is certain, the Fox mine, the first diamond in Quebec mine, compares favourably with the four other diamond Canadian deposits currently in operation (three in the Northwest Territories) and one in Ontario.

 

"Birks sold last spring a pair of earrings carved from one of our 85 carat diamonds and got $ 1 million. Produced in Quebec quality diamonds", insists the Chief of operations of Stornoway Diamond.

Bullboard Posts