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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 fcomon Mar 28, 2008 12:18pm
202 Views
Post# 14917789

RE: More form 4''s, coming hard and often!

RE: More form 4''s, coming hard and often!
Have to say that although somewhat disappointed that no one provided any meaningful comments on the "Fictional Financing Script" I posted two weeks ago ... sure seems like things may be playing out pretty much as suggested.

Marc selling a moderate portion of his position ....

Steady stream of bids coming in at current prices ....

Shorts emboldened as evidenced by SDRG's entry on the Naked Short list ....

Big volume trades exchanging at the end of the day ....

etc.  etc..

Just wait till the trap gets sprung .... shouldn't be long ....

And a bit of mathematics .... even in the unlikely event that SDRG's properties only have the 30 million
inferred silver ounces already established.  And if you assume it costs $10/oz to extract and produce (about double what the cost actually should be) and a silver price of $20/oz.  Then $10/oz is made on 30 million shares - or 300 million dollars ....  and the companies current valuation ??? -  Less than 25 mill ....

Someone is getting played here ...  although  anything is possible ... I'm liking my long position .... what an opportunity these past few weeks have been !!!
Bullboard Posts