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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 Oct 15, 2009 9:13pm
374 Views
Post# 16392470

RE: RE: RE: Great News!

RE: RE: RE: Great News!Not only that, but my post last week is now rated a "5" - LOL.  Even the jimbo's of the world can't overcome the rising bullish crowd by rating me a 1.

Marc arrived in China today for a two week trip, following three days in Mexico last week.  And I believe he is going back to Mexico as soon as he returns.

Never heard him sound so excited, and he seems to be working 24/7 these days.

The junior market is slowly but surely showing signs of life, such as SDRG's move up from the $0.07-$0.09 to $0.24-$0.26 last month.  Far from frothy, but some smart money is starting to creep back into the sector despite the ridciulous (and increasingly useless) Cartel raids on gold and silver.  And valuations still are the lowest in the sector's history, even after the recent rise.

SDRG has the assets, that's a FACT - in both China and Mexico. I truly believe Dadi has a chance at being the largest silver mine in all of China, and my guess is we'll have a much better view of this property once all the drill results come out in the coming months.  We all know it's shaping up to be world-class, but how will it compare to the great Bairendaba mine (right next to Dadi and also operated by Shengda)?  We'll see soon.

Can't wait to see what comes of this trip to China, which I think is his sixth trip there or so in the past year.  It takes a lot of work building a leading silver producer, and from what I've seen SDRG is well on its way in this direction.

yoyo
Bullboard Posts