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EDM Resources Inc V.EDM

Alternate Symbol(s):  SWNLF

EDM Resources Inc. is a Canadian exploration and mining company that has full ownership of the Scotia Mine and related facilities near Halifax, Nova Scotia. Through its wholly owned subsidiary, it also holds several prospective exploration licenses near its Scotia Mine and in the surrounding regions of Nova Scotia. The properties are comprised of exploration licenses and a mineral property lease that provides for zinc and lead exploration and development. The Scotia Mine is located approximately 62 kilometers (km) northeast of Halifax, Nova Scotia, in the Halifax Regional Municipality. The Project consists of about 648 hectares (ha) of mineral rights in the form of three contiguous mineral leases. It also holds five exploration licenses covering 41 claims in the immediate vicinity of the Scotia Mine Deposit. Its Eastville Prospect is an undeveloped zinc-lead exploration prospect. Its Carrolls Farm and Carrolls Corner Prospects are hosted within the Gays River Formation.


TSXV:EDM - Post by User

Bullboard Posts
Comment by Kruzer70on Jan 13, 2008 9:20pm
108 Views
Post# 14196154

RE: The Struggle for Control of SWN Part 4

RE: The Struggle for Control of SWN Part 4ONE: Fellow speculators read on. If Dr.Meade is indeed in China seeking a JV partner, that should get a few large mining companies (who have been patiently waiting to get contol of SWN at the lowest possible price) concerned. Why would it? The story is he is there on behalf of his other sinking ship; YZC. One thing for sure IMHO is that Dr. Meade is no dummy. All of us can think of a few mistakes we have made in the past so we have to cut the SWN CEO some slack at this time. No, as shareholders we've cut him a 300k cheque to decimate shareholder value, no slack left cut. ONE: Personally I think he should go to Brazil also. According to what I read they have a booming economy and no doubt some folks who might be interested in owning part of the largest Zinc and Lead deposit on the planet. I'd hope that hasn't been waiting around until now to look for perspective investors. As for Brazil, I'm totaly in favour of him going to Brazil, it's the return trip I might gripe about. Yes concerned large company executives it is a global economy you are enjoying. So it seems to me Harlan Meade is thinking globally looking for a J.V. partner. Seems logical for this patient shareholder. No argument on the global economy idea. I just hope you and Harlan haven't just figured that one out! (it's being the case for awhile now). Also what evidence do you have that HM has been thinking gloabally? I remind you HM is in China (if the stories are true) to secure funding for YZC's wolverine project and that move was prompted not by any foresight but out of desperation after an abjact failure to raise the funding here in the equity markets.
Bullboard Posts

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