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 > End of First Half - 2020

<< Previous

Bullboard Posts

Next >>

Comment by cyanide5on Jul 01, 2020 8:26pm

806 Views

Post# 31213773

RE:RE:End of First Half - 2020

My avg cost is around 40 cents on this one so finally abt to break even. I added a few more shares at .37. Should have bought in 20's but what can I say.

I am hopeful a double is easily still possible with gold where it is. If they can finance the mine and have success with drill bit then above a dollar is possible.

we do need some good drill results and in new zones which expand the current resource.

they likely need money and will do a financing at certain point. I am sure of it.

I really hope they wait for 60's before they do so. Let's see

<< Previous

Bullboard Posts

Next >>

Gold begins to flow at Endeavour's Lafigué mine in Côte d'Ivoire