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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 Nov 16, 2007 2:36am
140 Views
Post# 13817746

RE: Crafty bashers with an agenda....AJ you

RE: Crafty bashers with an agenda....AJ youGlasspar, "Why this stock is capped on news releases every time is obvious." Why is it capped? My view is that the PP this summer announced right after the highest grade assays has muted the effect of any positive NRs as concerns about the company's cash position have made investors wary of another PP in the near future. "Repeat, this is an asset, this is an asset." Actually SWN is a company. The deposit is an asset of the company. Contrary to what some have said, a Jr minor is more than just an asset. Doug Casey often describes companies in terms of the 7 Ps. With each of the 'P's playing an important role in the value of the company. For a discussion of these seven 'P's have a look at the link at www.caseyresearch.com.
Bullboard Posts

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