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Bullboard - Stock Discussion Forum EDM Resources Inc V.EDM

Alternate Symbol(s):  SWNLF

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... see more

TSXV:EDM - Post Discussion

View:
Post by Marcello44 on Aug 21, 2023 9:58am

Update

The website says the mine is "approved".  That's probably not the case:
 
  • The Company continues to advance and maintain its permitting of the Scotia Mine. The Company's two Environmental Assessment Approvals are in place. The Department of Fisheries and Oceans' (the "DFO") approval is behind schedule, since the DFO has recently advised that it requires additional information in connection with the application, including a more expanded and in-depth application than previously necessary. This will require additional field work, and the application submission to the DFO is now estimated to be the summer of 2024.
Comment by Maxmoe on Aug 21, 2023 9:24pm
Like all greasy weasels, you need to very carefully parse their words to determine what's really going on. NO, HE77 NO, it's NOT approved. Maybe those local yokels finally figured it out. The concentrate will ship overseas to be processed at a 3rd world eco disaster and run through the books of numbered Swiss or channel island accounts. Not $1 will EVER flow back to Nova Scotia and ...more  
Comment by Maxmoe on Aug 21, 2023 9:41pm
The Scotia Mine's Open Day Event will be held at the mine site on Saturday, September 9, 2023, from 11 AM to 2 PM, local time. Anyone interested in attending should register by emailing at Community@ScotiaMine.ca. Now this one is a hilarious example of word salad jibber jabber. It's an OPEN DAY EVENT? Does that not sound like the mine is "open" ? Because it's not. But ...more  
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