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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 stockideas18on Sep 19, 2019 10:57pm
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Post# 30146180

RE:RE:RE:bankruped

RE:RE:RE:bankruped
griefman, I can't believe that Osisko Gold would actually buy some of Stornoway and take partial ownership. One plus is that losses is minimized if 9.5% royalties aren't going to Osisko Gold. It's possible that a new suitor that buys out Stornoway, whatever the new name is, is going to ask for a reduction in Osisko Royalties fees. Maybe good riddance if Osisko Gold wants to get out of that mess. just my opinion.
Bullboard Posts
Dealroom for high-potential pre-IPO opportunities