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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 Apr 12, 2010 1:28pm
235 Views
Post# 16982141

RE: yoyoyoyoyoyo

RE: yoyoyoyoyoyoA couple of things.

For one, there is no desire to be on the TSX-V.  The goal is the TSX big board, which I believe they have already received approval for.

Secondly, market conditions have a lot to do with it.

Thirdly, the timing, costs, conditions, and structuring of the listing have to be considered.

There is no NEED to be on the TSX, only that it would likely open up the door to investment by a number of larger Canadian institutions, plus of course there is more leniency as to what SDRG would be allowed to publish in PR's about resources/reserves, compared to the more stringent U.S. rules it is currently beholden to.

Not sure when the listing would be, but if market conditions continue to improve for the PM miners, I'd be quite surprised if it wasn't later this year.

yoyo
Bullboard Posts