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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 blablablablaon Nov 22, 2009 12:58am
733 Views
Post# 16511509

Why waste your Money being Invested in

Why waste your Money being Invested inSWN being lead by Harlan Meade. He   will never ever bring any good fortune to any shareholders as realistically he is a very poor CEO. He is all talk and very little action . His answers are always begin with a If...if ....if....but it rarely  happends .

    Similar to how he used to answer when he was CEO a fabulous company with huge resources know as Yukon Zinc .He basically detroyed it ,selling it  off at pennies on the dollar .  Yukon Zinc developed the Wolverine Deposit in the Yukon and it was trading close to a $1.00. Since the companies guidance had estimated a higher resource then the 43- 101 had come in at , the stock price was cut in half. Afterwards one of his  ACCOUNTING AIRHEADS put numbers on a spead sheet and place them on the wrong line which in tern made Yukon Zinc restate their financials and since they were uglier then previous reported the stock was cut in half again.

                                                                                                      
Believe me when I tell you that you are serious wasting your time and Money being invested in any company that Harlan Meade runs.Looking back at any company that he ran, I can say that they all did nothing of value for the  shareholders.

Now  saying that It does have a fabulous resource with huge upside but a lousy Ceo. Once we all come to realize that he has nothing to offer and is voted  out  ,then it will be time to invest in the company know as  Selwyn Resources Ltd. .

Why waste your money  in this mgmt team run by  Harlan Meade as its safer to keep it under your mattress.

Smiles
Bullboard Posts