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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 08, 2008 2:29pm
253 Views
Post# 14340802

RE: Pondering the nr

RE: Pondering the nrKruzer: I was the first poster on this BB to comment on Harlan's negotiating approach (on the value of the project vs mkt cap)right after they hired Hill St(Oct06) so this is hardly a new revelation to me, but I hope you think it is relevant to get it reconfirmed from time to time. In fact, I'll even offer you a bit of an email response to me from Harlan in April07, "The $7MFT funds drilling for several months and accelerates the addition of value while we are negotiating JV participation based on project value rather than market capitalization. What better negotiating strength than to have drills turning and increasing value…..negotiate all you like as the price goes up".............. JOE: This all just reinforces my point that the NR points you pondered today are old news and should have been well known before the last NR was released. (ie same old same old). Secondly in hind sight that email excerpt you've shared must seem pretty comical.
Bullboard Posts

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