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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 JoeBloon Jul 18, 2007 11:01am
213 Views
Post# 13108057

Now here''s an interesting...

Now here''s an interesting...number: The US Dollar: Last trade 80.445 Change -0.096 (-0.12%) The US dollar is getting close to an important psychological threshold, and could break through soon. Ultimately it has to given the large trade deficit of the US. With so many things priced in US dollars, it should mean that prices will rise. To me this means that zinc at less than US $1 per pound will never be seen again, and likely in the future (relatively near future?) zinc at less than US $2 per pound will also be history.
Bullboard Posts