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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

Comment by cyanide5on Aug 06, 2020 7:22pm
1103 Views
Post# 31376249

RE:Sound like PP closing :)

RE:Sound like PP closing :)we need the PP to close and drill rigs to start up again... can happen any day now.. i expect most likely next week we will get news... 

with gold trending higher... if we get 1 good drill hole from Dark horse... we will be closer to 1 dollar than 50 cents which we are right now... 

the floor is set at around 50 cents so downside limited here but upside is HUGEEE!! 

i am up modestly but not yet taking any profits here eventhough i potentially should have close to 70 cents.. decided not to!
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