EDM Resources Inc V.EDM

Alternate Symbol(s): SWNLF

Metals & Mining Industrial Metals & Minerals

EDM Resources Inc. is a Canada-based exploration and mining company. The Company has ownership of the Scotia Mine and related facilities near Halifax, Nova Scotia. Through its wholly owned subsidiary, the Company also holds several prospective exploration licenses near its Scotia Mine and in the surrounding regions of Nova Scotia. Its Scotia Mine is located approximately 60 kilometers (km) from Halifax City Centre, 33 km from the Halifax Stanfield International Airport and 11 km from CN's Milford Station. Its Eastville Prospect is located approximately 50 kilometers from its Scotia Mine. The mineral rights covering the western portion of the Eastville Prospect are held by Scotia Mine Limited, a subsidiary of the Company, which has exploration licenses 50691 and 09674. Its Carrolls Corner-Carrolls Farm Prospects has two highly prospective exploration targets in close proximity to its Scotia Mine. The mineral rights covering both prospects are held by Scotia Mine Limited.

TSXV:EDM - Post by User

EDM Resources Inc

Bullboard Posts

Post by YourNadiron Mar 22, 2011 12:08am

379 Views

Post# 18319861

Consistent insider buying

This stock has been on my radar for a few weeks as it regularly shows up in the Venture exchange's top-10 for insider buying. Another $33 k purchased today:

https://www.tmxmoney.com/HttpController?GetPage=InsiderTradeMarker&Market=V&Language=en

And look at these recent puchases, pretty damn impressive:

https://canadianinsider.com/coReport/allTransactions.php?ticker=swn

Yeah, it has a big float, but SWN management is grabbing a good chunk of it off the open market and doesn't show any signs of slowing down. I'm happily accumulating. Picked up a nice position at .315 today. Insider buying has come as high as 38 cents. Something good is coming.

GLTA.

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