Erdene Resource Development Corp T.ERD

Alternate Symbol(s): ERDCF

Metals & Mining Industrial Metals & Minerals

Erdene Resource Development Corporation is a Canada-based resource company. The Company is focused on the acquisition, exploration, and development of precious and base metals in Mongolia. Its principal development is the Bayan Khundii Gold Project, located in Bayankhongor province, Mongolia. Its other projects include Altan Nar Gold Project, Dark Horse, Ulaan, Zuun Mod, and Khuvyn Khar. The Bayan Khundii Gold Project is located in Bayankhongor province in Mongolia and is comprised of the 2,309 hectares (ha) Khundii mining license. The Altan Nar Gold Project is located in Bayankhongor province in Mongolia, approximately 16 kilometers (km) north of its Bayan Khundii Gold Project. Dark Horse (Khar Mori) gold prospect is situated on the Bayan Khundii license, about three km north of the Bayan Khundii project. The Ulaan exploration license covers an area of approximately 1,780 ha, immediately west of the Khundii mining license. The Zuun Mod property is located in Bayankhongor province.

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Erdene Resource Development Corp

Bullboard Posts

Comment by miner8740on Mar 05, 2011 11:23am

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Post# 18237640

RE: RE: Strong

April may be too late to prevent the downfall of the sp
oil crisis picking up steam next week will play havco on ALL stocks
investors are saying to stay in cash until the headwinds dimminsh
may need PFS out sooner or face the strong headwinds like last 2 weeks
present news release may stop the headwinds temporary but not permanently
also is it possible that 300 to 500 million can be sought in this type of market conditions with the oil crisis
Canada dollar rising could add to the exports costs which may make the project marginal, i guess this analysis will be in the new PFS
still a very high risk spec play with a lot of voalitity

do your DD

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