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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
Post by jutjuton Dec 02, 2010 11:57pm
826 Views
Post# 17793788

More confidence

More confidenceA strong base has formed.  The insider buying combined with the anxious shorts has increased my confidence in accumulating this stock in the face of an overbought precious metals market.  However, just because it is overbought doesn't mean it won't continue to go up because this precious metals market is run by so much more than the average stock...fear of dollar doom, instability of world markets and international tensions....the list goes on.  Have a base and have money free to take advantage of any corrections we may be lucky to get.  A little diversity such as Selwyn is not a bad idea either.  Do your own homework, this is just my humble opinion.
Bullboard Posts

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