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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 Bartstaron Jun 28, 2010 12:09pm
287 Views
Post# 17227447

okay...looks like it might work

okay...looks like it might workTook a position today, not overly happy to invest in a 300 mill share company, which may see a reverse split if the chinese decide to back out of the deal at the last hour. Seems like this last PP was designed to get them to the 100 million paycheck. Thats okay, they have earned it  with the progress they have made on the property and the property has a solid results. Add that with the potential Savant connection in Mexico that could produce some bonus revenue in the future and you got a pretty good pick for a junior exploration that is making its way to fruition.
Bullboard Posts