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EDM Resources Inc V.EDM

Alternate Symbol(s):  SWNLF

Metals & Mining Industrial Metals & Minerals
EDM Resources Inc. is a Canada-based exploration and mining company. The Company has ownership of the Scotia Mine and related facilities near Halifax, Nova Scotia. Through its wholly owned subsidiary, the Company also holds several prospective exploration licenses near its Scotia Mine and in the surrounding regions of Nova Scotia. Its Scotia Mine is located approximately 60 kilometers (km) from Halifax City Centre, 33 km from the Halifax Stanfield International Airport and 11 km from CN's Milford Station. Its Eastville Prospect is located approximately 50 kilometers from its Scotia Mine. The mineral rights covering the western portion of the Eastville Prospect are held by Scotia Mine Limited, a subsidiary of the Company, which has exploration licenses 50691 and 09674. Its Carrolls Corner-Carrolls Farm Prospects has two highly prospective exploration targets in close proximity to its Scotia Mine. The mineral rights covering both prospects are held by Scotia Mine Limited.


TSXV:EDM - Post by User

EDM Resources Inc > FNC Holders watch out
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Comment by Maxmoeon May 09, 2023 7:43pm
66 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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