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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 23, 2010 4:23pm
250 Views
Post# 17025907

RE: RE: RE: RE: Mgmt has let YoYo and all of us do

RE: RE: RE: RE: Mgmt has let YoYo and all of us doTalk about the pot calling the kettle black.  You are calling me a liar, when you have had at least a half-dozen posts deleted due to slander.  In fact, calling me a liar could also be considered slander, given that it is untrue.

Like it or not, go back for the four years I have been posting and you'll see I have been completely right about this company all along.  SDRG continues to deliver the goods, yet cannot control the poor market conditions that have kept it and hundreds of other PM miners languishing at these ridiculous valuations.

By the end of this year, it should be quite clear to the entire investment world that SDRG is sitting on potentially one of the largest silver deposits in the world, and one which will likely be mined ASAP due to its aggressive, experience, and deep-pocketed partners in China (Shengda and the Chinese government).  The Chinese government even owns 10% of SDRG's shares, so there will be plenty of motivation for the stock to move higher.

And by the way, when the stock peaked at
.50 in late December, that peak was within TWO DAYS of the peaks of gold and silver at $1,225 and $19.00, respectively, before yet another horrible Cartel smashing that took gold back down to $1,050 and silver to $14.50.  Both metals have been fighting their way back up since then, but sentiment in the sector has declined dramatically. 

Which is why valuations for SDRG and hundreds of others remain at
.50-
.90/oz (SDRG at
.75/oz) compared to the $4.00-$7.00/oz average valuations (SDRG included) in early 2007 when the TSX-V peaked.

Oh well, both silver and gold are destined for MUCH HIGHER prices later in 2010 and beyond, and when they start moving the capital will come flying back into this sector, seeking in particular the best stories, which in my view SDRG is one of hands down.

Think the Chinese public won't start buying aggressively once they realize what SDRG/Shengda/HIC are holding at Dadi/Laopandao?

Then bet against it here, suckrd and all the other trolls eating bologna sandwiches in their mothers' basements.  Not that they have any money to make such bets, of course.

yoyo
Bullboard Posts