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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

Comment by Maxmoeon Mar 31, 2021 4:46pm
240 Views
Post# 32916636

RE:RE:FNC properties

RE:RE:FNC propertiesWhy on earth would anyone put one cent into a management team, board, like SZM that is so boldly ripping off the shareholders of FNC? Because they can, legally, is the rationale? If the project is so great, raise your own money instead of stealing it from FNC. This is a classic case of I'm going to take your money and my great ideas and turn them into my money and you'll have no idea how that can happen. Fnc mgmt and strategy has been a loser? Maybe, but that doesn't excuse someone from stealing shareholders money. Fnc stock has done nothing the last 5 years? True, but that's better than szm which has dropped from $1.50 to 50 ! New management from szm will be better than old management from fnc? I see zero evidence of that. Fancamp management team was one guy. Peter smith. He was pushed aside for an interim ceo. There is no team. And the first and only thing he did was shut down the agm and jam through this sleazy deal. How is that an improvement? Theft is not an improvement over Peter do nothing smith with his science projects and hoarder approach to accumulating moose pasture. Nope, no way this "team" can expect one cent from any thinking investor. Whether you hire kingsdale or not. Just the humble opinion of a disgruntled fnc shareholder. 
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