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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 Kruzer70on Jul 28, 2007 1:00am
269 Views
Post# 13163909

RE: NDM and Selwyn

RE: NDM and SelwynLOL, I get a chuckle everytime I read some numbskull comparing Selwyn to NDM, Galore Creek and whatever other deposit/company is popular at a given time. Sure, from '30,000 ft' they all look the same. It's funny that in every instance SWN is the wanabe. All you're doing by comparing SWN to others is showing that SWN is the 'runt of the litter' hobbled by a managment team that can't keep up to their peers. You also ask 'how many know John Embrey called Pebble dirt?' Well only the entire viewing audience of ROBtv and every subscriber to Resource Oppertunities. It's hardly obscure info. As for recognition, do you really think SWN is a secret? Anybody in the zinc game is well aware of this company and it's deposit. The problem is any potential buyer is wary of managment's habit of killing off rallies with PP announcements and any Potential JV partner just has to wait for the company to run out of cash or sputter from one PP to the next to make a deal that will not be as favorable to the shareholders as some expect. (The current PP will only supply enough cash to get us to the end of this year's program) The deposit is world class and the managment is technically very skilled but they are toxic to shareholders. You may end up making more money owning Tek, Ziniflex, or whoever ends up JVing this project.
Bullboard Posts