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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 JoeBloon Jul 19, 2007 6:14pm
177 Views
Post# 13119871

RE: The importance of the economics - Joe

RE: The importance of the economics - JoesplitS - there is no question that focusing on the most important objective is necessary. Sometimes though, what you choose as your most important objective will have a profound impact on where you go. An example I can think of is Honda Motor Co. This company had an objective of producing and selling superior quality motors. But they had trouble selling them to anyone. Because of that, they decided to get into auto manufacturing - so that they could produce and sell motors. This was, and still is their focus. This led to other manufacturing as well. The end result has been a very successful company - because of the objective they chose and that they stuck to. Had they chose to be the low cost producer of low end motors, they would have become a much different company.
Bullboard Posts