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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 Aug 03, 2007 4:41pm
227 Views
Post# 13199640

RE: wtF??? 69?

RE: wtF??? 69?Looks like the brokerage houses have pulled their offers, since they they need a new group of investors (bag holding suckers?) to start building up the bid again. Then of course once the bid builds up a bit, they will take them all out. This will go on for months now. That's what you get when issue tons of paper to the brokerage firms - an anemic stock price that can never seem to get anywhere, and certainly not high enough for a fund type institutional investor to buy in.
Bullboard Posts