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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 Dec 03, 2020 12:07am
239 Views
Post# 32024118

End of Month - November 2020

End of Month - November 2020End of the Month (EOM) report for November 2020 for Erdene Resource Dev Corp
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ERD.TO closed on 11/30/2020 at C$O.38.5                 
ERD.TO closed on 10/30/2020 at C$O.44                  
ERD.TO closed on 09/30/2020 at C$O.64                                                                                         
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This is a 12.5%, a  5.5-cent, loss for November.
This is a 39.8%, a 25.5-cent, loss for October & November, together.
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Indexes
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Junior Gold Miners ETF [GDXJ], @ US$50.03, lost 6.0% in November. [2.7% above its MA(200) @ $48.73]                

Gold, @ US$1,780.90 lost 5.3%, or US$99.00, in November. [1.2% below its MA(200) @ $1,803.31]

Silver, @ US$22.59, lost 4.5%, or US$1,06, in November [9.9% above its MA(200) @ $20.55]

S&P 500 Index, @ 3621.63 gained 10.8% in November. [14.9% above its MA(200) @ 3152.9]
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Two Hundred Day Moving Average [MA(200)] stuff.
ERD.TO's MA(200) ended November at C$O.366
ERD.TO is 5.2% above its MA(200).
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ERD.TO News Releases in November.
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November 25, 2020
Erdene Announces Three Month Extension to Warrants
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November 17, 2020
Erdene's Drilling Expands Gold Mineralization in Multiple Zones Adjacent to the Bayan Khundii Gold Deposit
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November 9, 2020
Erdene Provides Third Quarter Financial and Bayan Khundii Gold Project Update
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November 5, 2020
Erdene Executes Project Finance Mandate Letter with Export Development Canada for Bayan Khundii Gold Project
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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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