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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
Comment by griefmanon Apr 17, 2019 12:29pm
158 Views
Post# 29638666

RE:The Real Problem: Diamond Prices

RE:The Real Problem: Diamond PricesPierre, you are, of course, somewhat correct....the only thing Stornoway has going for them, is time.

As a potential investor, you have the opportunity of time as well, so use it....no hurry here, take your time and value your money accordingly in the meantime, to be able to take advantage of other investments that are fluid and somewhat safer, well a lot safer.

Think of investing in a simple mutual fund that offers a dividend of 6-7 cents a share every month, every year, and supplment your salary going forward and use those funds (put them away) when the diamond market makes a comeback, which historically should, could be predictable, but not a given!

The diamonds are are not going anywhere to fast. Calm down and think logically. Think what is at stake here and how that can be an advantage to the longevity of the resource both politically and financially. Think of who, whom, cannot let this fail...it’s simply to destructive to stand by on the sidelines and let the game unfold without some kind of intervention to put yourself, the company, in a better position...to win.

Its a no brainer..stay within your means and be realistic in your expectations, right now, right here, and going forward.

Good luck!
Bullboard Posts