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Erdene Resource Development Corp T.ERD

Alternate Symbol(s):  ERDCF

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

Post by R_J_on Aug 02, 2020 4:44am
1167 Views
Post# 31354970

End of Month - July 2020

End of Month - July 2020End of the Month (EOM) report for July 2020 for Erdene Resource Dev Corp
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ERD.TO closed on 07/31/2020 at C$O.39                   
ERD.TO closed on 06/30/2020 at C$O.65                                        
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This is a 66.7%, a 26-cent, GAIN for July.
[ RJ: WHOOPIE! ]

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Indexes
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Junior Gold Miners ETF [GDXJ], gained 21.1%, @ US$60.44, in July. [46.2% above its MA(200) @ $41.33]

Gold, @ US$1,985.90 gained 10.3%, or US$185.40, in July. [39.6% above its MA(200) @ $1,632.20]

Silver, @ US$24.22, gained 29.9%, or US$1.55, in July [39.6% above its MA(200) @ $17.35]

S&P 500 Index, @ 3271.1 gained 5.5% in July. [7.3% above its MA(200) @ 3048.6]
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Two Hundred Day Moving Average [MA(200)] stuff.
ERD.TO's MA(200) ended July at C$O.25
ERD.TO is 160.0% above its MA(200).
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ERD.TO New Releases in July.
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July 30, 2020
Erdene Provides Update on Private Placement
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https://dltkyhzg7evud.cloudfront.net/assets/files/4208/epr_en.pdf
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July 23, 2020
Erdene Announces $20 Million Financing Led by $15 Million Strategic Investment from Eric Sprott
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July 20, 2020
Erdene Announces Positive Bankable Feasibility Study Results for Bayan Khundii Gold Project
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July 20, 2020
Erdene Announces Conference Call to Discuss the Bayan Khundii Project Bankable Feasibility Study Results
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July 15, 2020
Erdene Confirms Three New Near-Surface, High-Grade Gold Zones at Khundii Gold Project
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July 7, 2020
Erdene Intersects 5.5 Metres of 126 g/t Gold Including 1 Metre of 582 g/t Gold at New Bayan Khundii Zone and 15 Metres of 26 g/t Gold Including 1 Metre of 338 g/t Gold
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Who is the Big Cheese at ERD?
Peter C. Akerley, President, CEO, & Director
T. Layton Croft, Chairman of the Board
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RJ
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