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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 04, 2010 8:54am
306 Views
Post# 16750893

RE: RE: Who's fault this time Yoyo???

RE: RE: Who's fault this time Yoyo???Not even reading that joker on ignore, but I see the responses.

This sector is still fighting a steep uphill battle, as evidenced by yet another attack in January that shaved 15% off of silver prices and 105 points off the HUI.  Hard to get any upward momentum in small stox like SDRG in this environment.

That said, if you think something is "wrong" here, you're going to be sorely wrong.  Read the PR's, and take a guess where things are going.

The initial Dadi 43-101 will be released imminently, and given the awesome drill results (best I've seen at a silver property), the huge amount of work done there, and the fact that Dadi won exploration discovery of the year just months ago in China, the odds are quite good it will be an excellent report.

And don't forget that Mexican mining permit, which is also imminent.  They could be producing silver at $1.00/oz by mid-year.

Stock's RSI at LOWEST LEVEL IN AT LEAST THREE YEARS!  Now that is oversold.

yoyo
Bullboard Posts