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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 Jan 25, 2010 11:29am
443 Views
Post# 16714956

RE: RE: RE: Jimboo88... (ignnore the losers)

RE: RE: RE: Jimboo88... (ignnore the losers)

If I've learned one thing in the past few years, it's that human nature is ugly.

When people lose money, they lash out at everyone except themselves for their own poor decisions.  Guys like jimbo aren't even worth acknowledging, they are so pathetic.

As for SDRG, all this move down (accompanied by yet another Cartel attack on gold/silver) has put it back in the ridiculously undervalued range, both fundamentally and technically (most oversold condition in two years).

Fundamentally, it's full steam ahead.  Dadi 43-101 anticipated imminently, as is the Mexican mining permit.  And the deal announced last week to sell some of their non-core assets should be able to fund most if not all of the 2010 China development program!

It's hillarious when people act like assets sales are a bad thing.  They are selling things they paid nothing for to pay for the development of their best assets, such as Dadi which I still believe has a good shot of being the largest silver mine in China.

Read the quotes from the Shengda Chairman in last week's PR about Dadi, and make your own decisions.  Keep in mind that Shengda is already the largest silver miner in China and one of its most influential companies.

yoyo

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