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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 10:42am
166 Views
Post# 13164343

RE: NDM and Selwyn-PIB

RE: NDM and Selwyn-PIB I was basically making a wise crack. I was implying that by the time a JV gets done the cash position and share dilution of SWN will be so bad that a potential JV partner will be able to make a deal that is so favorable to them that their share price will actually increase. In other words, it wouldn't be so much that they've purchased SWN it'll be that they've taken over a gem of an asset. I don't think it will really happen (at least I hope not)
Bullboard Posts