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Silver Dragon Resources Inc SDRG

"Silver Dragon Resources Inc is a mining and metals company focused on the acquisition, exploration, development, and operation of silver mines in proven silver districts globally. It is a mineral exploration company engaged in six properties located in the Erbahuo Silver District in Northern China namely, the Dadi, Laopandao, Aobaotugounao, Shididonggou, Yuanlinzi and Zhuanxinhu properties."


GREY:SDRG - Post by User

Bullboard Posts
Post by yoyoyo9992on Oct 18, 2007 9:43pm
247 Views
Post# 13600427

Revenue/Profits - pulleassee

Revenue/Profits - pulleasseeBJ, You say some very intelligent things, although giving ziggy's posts equal credence to mine is laughable. He is a garden variety basher, maybe a tad smarter than the average but not much, and obviously as a grudge of some sort (as he was bashing all the way up as well). But more importantly, you have got to be kidding me if you think revenues and profits are what people want now. 99% of all miners don't have any profits, and frankly mining economics are still so poor that few will have any profits until at least 2009. SDRG simply needs to build the company and exploit the resources, which is all that investors care about. If they happen to make a buck or two in the short-term I'm thrilled, but only from a cash flow perspective b/c earnings would be negligible. Name me the top 10 junior mining stock performers of the last year, and I'll bet that not only do none have any revenues or profits, but that none are even close to doing so. You may be old enough to be my grandfather, but if you think mining stock valuations are currently about profits than you are shooting your arrows completely off the target. When people start caring about profits, I'll be selling every mining stock I own. yoyo p.s. anyone shorting SDRG at this price is going to have an unpleasant winter, IMO.
Bullboard Posts