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Gold/Mining/Energy : Stornoway Diamond Corporation (SWY.V) -- Ignore unavailable to you. Want to Upgrade?


To: jrhana who wrote (24)8/6/2003 7:35:20 AM
From: jrhana  Read Replies (1) | Respond to of 74
 
Financing announced

stockhouse.com

This may or may not cause some short term pressure,limits, or ceiling on the stock price. This of course would be overwhelmed by some positive news.

Long term I like it.
It gives them the financial muscle to stay independent and develop their projects. Eventually they will have to deal with one of the elephantine majors such as BHP De Beers Rio Tinto etc etc.

They more they can develop their projects first, the more advantageous a deal they will strike.