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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
Comment by yoyoyo9992on Feb 14, 2008 9:02am
340 Views
Post# 14371360

RE: Things looking good

RE: Things looking goodDon't know who the lead is, but am positive it is someone significant enough to get the job done and then some. In these ridiculous market conditions, no sense in announcing a financing until it is done or nearly done. Otherwise, the vultures attack, as they have nearly every company that is raising money (although selling at less than $1/oz of 43-101 resources when a company has just announced major discoveries and silver is over $17 seems a tad on the suicidal side to me). The company assures me that all be taken care of in the near-term, at which point we can all focus on the task of drilling up Cerro los Minitas and Dadi, period. Given that the whole global management team will be in Toronto for PDAC the first week of March, I'd be very surprised if something significant isn't announced by then.
Bullboard Posts