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.

TSX:ERD - Post by User

Erdene Resource Development Corp

Bullboard Posts

Comment by waterboy2on Aug 31, 2011 6:42pm

344 Views

Post# 19000087

RE: COMPANY NOT ON ANYBODYS RADAR

Hindsight is 20/20 and i share your pain but lose no sleep over it. This comnpany has great assets and will be much higher eventually.The scenarios you are pointing out have been swirling in my head also but what do we know? It seems though that the SP has been deliberately walked down to these levels and i would think it is Xstrata doing it. They will want these assets on the cheap. Let's hope that our Management has a suitable battle plan.

GLTA

Bullboard Posts

How a junior advances one of the largest undeveloped diamond projects