Erdene Resource Development Corp T.ERD

Alternate Symbol(s): ERDCF

Metals & Mining Industrial Metals & Minerals

Erdene Resource Development Corp. is a Canada-based resource company focused on the acquisition, exploration and development of precious and base metals in underexplored and highly prospective Mongolia. It has interests in three mining licenses and an exploration license in Southwest Mongolia. Its projects include Khundii Minerals District, Bayan Khundii Gold Project, Altan Nar, Greater Dark Horse, Ulaan, Zuun Mod and Khuvyn Khar. Its projects are located in the eastern portion of the Central Asian Orogenic belt. The Bayan Khundii mining license covers 2,309 hectares and, in addition to the Bayan Khundii high-grade gold deposit, includes its highly prospective 20 square kilometers greater Dark Horse prospect area, including the Dark Horse Mane high-grade gold discovery. The Zuun Mod Molybdenum-Copper Project is a porphyry molybdenum-copper deposit. The Altan Nar mining license covers 4,669 hectares. The central and northern portion of the Ulaan license hosts a porphyry copper prospect.

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Erdene Resource Development Corp > Executive compensation

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Comment by Looneytuneson Jun 16, 2021 5:34am

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Post# 33394003

RE:RE:Executive compensation

. . . because this is a life-style company. While they can just keep drilling and not actually generating any revenue; and while the CEO can keep drawing an enormous salary then there is no incentive to actually move towards production . . . . . you can just hear it in the boardroom "let's just drill a few more holes, that'll keep the sucker investors happy and off our backs for another 6 months".

WE NEED TO SEE PROGRESS TOWARDS PRODUCTION NOT JUST MORE HOLES!!

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Geologica Resource: Polymetallic upside at a depressed price