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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 Feb 02, 2008 5:56pm
141 Views
Post# 14309700

RE: I don''''t have a problem with the

RE: I don''''t have a problem with theJF: And where do you come up with a statement like Harlan has poor market intelligence? Another bad rap and totally unfounded. Go ahead try to support your statement. This summer after a long period of decline in share price the first 'high grade' results were released an the stock broke out as it was consolidating Harlan did a large financing that shot this stock in the head. That would have been the time to see the 'hype machine' rev up but nope next PR was the PP. Maybe the issue isn't a matter of market intelligence but rather disregard for the market (shareholders). Your 'DD' has only focused on the quality of the deposit and the quality of the deposit. The managment of this company is crap. Jr explore Comapanies do not generate income. Therefore, capitol is precious. The idea of such a company donating to a University speaks volumes about a CEO who puts his ego and self-gratification ahead of the interest of the shareholders. JF: As the SWN posters know only too well, he suffers from the "halo effect" from the YZC Feasibility Study correction. I suppose he's the top man and has to take the hit but those engineering miscalculations/mis-estimates causing that problem were totally from Hatch Consultants who were prime for that PFS. This excuse is getting tired. I severly doubt that the SP over the last year in both YZC and SWN have anything to do with the debacle. If it does then; 1. It is a strike against Haralan that after all this time he can't put this issue behind him and he therefore a lame duck. 2. Then it only furthers the point that he should resign as CEO of one of the companies. Either dedicate himself 100% to developing YZC and overcomming the stigma of the PFS debacle. Alternatively he should resign from SWN to dedicate 100% of his effort to the development of the 'largest undeveloped Zn/Pd deposit'. Not to mention distancing him from the stigma of the YZC PFS debacle. By the way arrogance is definatly one of his major character flaws it comes through in his public statments and it comes through in discussions at the various Resource Investment shows he has attended.
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