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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 May 02, 2008 5:27am
293 Views
Post# 15030305

RE: Simply extend the YZC valuation to SWN

RE: Simply extend the YZC valuation to SWN That is most likely what Harlan is trying to get.

LOL.  Still trying to value the shareprice by extrapolating the value of the deposit Joe.  That hasn't worked on this company ever because while this deposit comes with being a shareholder so does this management team.  You want an idea of what these shares are worth?  Simply look at Harlan's new compensation agreement.  While it has been commented on already on this board already, what you seem unable to grasp is that the person who knows this company best and knows most what the prospects for the company are believes that it is better to make two times his salary in severance than by buying shares for their appreciation potential in the event of a take over!!  That is what Harlan is trying to get!! 

$2 per share!! at this point?  Keep dreaming, no one is going to buy this company at a 1000% premium to the current sp.  Joe for your own sake, stay out of the market or at the very least stop posting this nonsense.  It's bad enough you've busted yourself but trying to lure others down with you is low.
Bullboard Posts

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