EDM Resources Inc V.EDM

Alternate Symbol(s): SWNLF

Metals & Mining Industrial Metals & Minerals

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.

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EDM Resources Inc

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Comment by ranmylon Oct 25, 2010 1:55pm

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Post# 17608109

RE: Some math I don't undertand, but I consequence

Here is how I saw Selwyn (note the past tense), their management team has the reputation of being able to eat up 100 mil fast. Also, if the Chinese put a dollar into the project would not Selwyn have match? They would have to raise significant money to do that and if they cant then the Chinese would slowly end up owning the whole thing.

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