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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.


TSXV:EDM - Post by User

EDM Resources Inc > FNC Holders watch out
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Comment by Maxmoeon May 09, 2023 7:43pm
80 Views
Post# 35439731

RE:RE:FNC Holders watch out

RE:RE:FNC Holders watch out
Bwrbhk wrote: I you do not know what it is worth, you should read the PFS.  If you do, you will see that it is worth a hell of a lot more than .66/share-

It's worth nothing and never will be worth anything that's why nobody would provide a penny of financing unless FORCED to. Read the story, again, about how glencore screwed Noranda and trevali with obscene treatment fees of their concentrate. If mehra didn't teach that trick to glencore, I'm pretty sure he learned it. My expectation is, IF any concentrate is EVER produced it will net nothing but losses for Edm, fancamp, or the people of Nova Scotia. They will be stuck with a big messy hole in the ground while ashwath and his pals skip town. Sad, but that's what's coming. Just my 2 cents. 
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