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Bullboard - Stock Discussion Forum 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... see more

TSX:ERD - Post Discussion

View:
Post by Sweetwater1 on Jan 14, 2021 3:22pm

Re: 3-5

Sorry 3-500,000 more ounces.
Comment by Looneytunes on Jan 15, 2021 5:13am
and thats why I'd prefer to get into production first because the closer we get the more the sp will increase (depending on all usual risks, financing etc) - I think we'll get the 3-500,000 ounces but real progress towards production will cement that and make a take-out at an even higher price more likely.
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