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.

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7936567 Canada Inc

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Comment by explmanon Aug 27, 2019 6:17pm

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Post# 30072392

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:NR

Remember RIO used to own a big chunk, like 20% plus, of Ashton. In fact it was RIO that sold their chunk of Ashton to SWY that led to the purchase of Renard by SWY. RIO knows this resource reasonable well. I don't think it has the scale they are looking for, but JS has made comments about diamonds being important to the portfolio so you never know. But give the issues they are having at OT I am willing to bet that diamonds will be seen as a distraction from the bigger game.

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