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 griefmanon Jun 09, 2019 4:26pm
172 Views
Post# 29810199

Well, so, is this rocket science or a no brainer?

Well, so, is this rocket science or a no brainer?So, having some time to be able to sit back and logically think this forward, as logically as possible without using a gut response, and the SP still in a historical low position, and no skin in the game to this disastrous low, I’m thinking, for what it’s worth, it’s time to release some funds on Stornoway, but only a relatively small amount that I can afford to loose, so like 10 bucks!  Just kidding....

Of course I wish I had the pulled the trigger when it was one and a half pennies, but looking back and crying about it does no good at all.  There are more hurdles to jump over and leaps of faith are required to make that economic desition make sense for me.  

Faith that the management in place currently, will be able to guide this to even as low as a 25% improvement, that will satisfy the market in general and thus the SP will follow suit over time that is reasonable and positive.  

At this time it’s still kinda a bet or gamble, you choose your own words, but it’s clear to me I won’t bet the farm, truck, car, house, or borrow the funds to be able to invest more than I can afford...only a fool would do that, IMHO. Hey I might be a fool for even considering investing 5-6 grand on this!

Anyone else, who’s left here and willing to post, share their opinion?

Good luck!
Bullboard Posts