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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
Comment by glasspar58on May 26, 2008 9:58pm
242 Views
Post# 15112313

RE: The Share Price is the Answer ...

RE: The Share Price is the Answer ...Hello Jake.  The whole sector has been beaten down by hedge funds and the share price today is not what it should be (imo).  Given that, I'm sure the price may decline further...lol.  NTC currently has  a 20 million dollar investment partner and this tungsten company is just south of SWN.  As posted earlier, a huge coal deposits is just north of SWN (Yukon).  It's just a matter of time when someone will develop the rest of the Yukon. 

It will be interesting to see who they will be?


Small projects are not so viable...so SWN surely doesn't fit into the "small" category.  In addition, the deposit is highly leveraged to the zinc/lead market. 

Just need to get the ball rolling....but patience is important because I think HM knows what the property is worth and isn't willing to give it away....so...good.



Bullboard Posts