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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
Post by onehafnorseon Nov 24, 2007 1:51pm
178 Views
Post# 13862140

80%rule

80%ruleAs long as I am 80% happy I stick with a company and hold the shares.I am still above that mark with SWN and YZC. I am concerned with the ratio of shares owned vs. options granted by some of the officers. I am never comfortable if the officers own too many shares or own outright too few. I do not try to manage the company by posting suggestions on this board or contacting the company as others are doing. If I am negative about the management I will sell.So far I think Dr. Meade has done an outstanding job getting his projects this far. I would like to compare these projects to a hockey game or baseball or football.How many times have you seen a contest turn in the last few minutes or seconds and the team behind at that instant becomes the winner? I am not a geologist or a finance man or a boardroom expert. I like to think of myself as an executive of a one person independent outfit that likes speculating in natural resource junior companies. Keep on keeping on Dr. Meade. Best,onehafnorse.
Bullboard Posts

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