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EDM Resources Inc V.EDM

Alternate Symbol(s):  SWNLF

EDM Resources Inc. is a Canada-based exploration and mining company. The Company has ownership of the Scotia Mine and related facilities near Halifax, Nova Scotia. Through its wholly owned subsidiary, the Company also holds several prospective exploration licenses near its Scotia Mine and in the surrounding regions of Nova Scotia. Its Scotia Mine is located approximately 60 kilometers (km) from Halifax City Centre, 33 km from the Halifax Stanfield International Airport and 11 km from CN's Milford Station. Its Eastville Prospect is located approximately 50 kilometers from its Scotia Mine. The mineral rights covering the western portion of the Eastville Prospect are held by Scotia Mine Limited, a subsidiary of the Company, which has exploration licenses 50691 and 09674. Its Carrolls Corner-Carrolls Farm Prospects has two highly prospective exploration targets in close proximity to its Scotia Mine. The mineral rights covering both prospects are held by Scotia Mine Limited.


TSXV:EDM - Post by User

Bullboard Posts
Post by glasspar58on Jan 06, 2008 6:48pm
297 Views
Post# 14158935

1 billion additional Chinese to become...

1 billion additional Chinese to become...middle class citizens by 2020. Read this somewhere recently. Rural folks moving to the cites and enjoying growth opportunities. Kind of different from the US. Contraction vs expansion. Difference is, 300 million or so in the US vs 1.3 billion plus folks in China. Also,lets not forget India. Even though they (India) is 5-10 years behind China, huge growth there as well. I guess whoever has an interest in SWN may be in for a big payoff for decades to come. Too bad the world will need several of SWN's to keep up with demand. Good thing SWN has another 30 KMs or so left untouched. Maybe 50-100 year mine life.
Bullboard Posts