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Erdene Resource Development Corp T.ERD

Alternate Symbol(s):  ERDCF

Erdene Resource Development Corp. is a Canada-based resource company focused on the acquisition, exploration and development of precious and base metals in underexplored and highly prospective Mongolia. It has interests in three mining licenses and an exploration license in Southwest Mongolia. Its projects include Khundii Minerals District, Bayan Khundii Gold Project, Altan Nar, Greater Dark Horse, Ulaan, Zuun Mod and Khuvyn Khar. Its projects are located in the eastern portion of the Central Asian Orogenic belt. The Bayan Khundii mining license covers 2,309 hectares and, in addition to the Bayan Khundii high-grade gold deposit, includes its highly prospective 20 square kilometers greater Dark Horse prospect area, including the Dark Horse Mane high-grade gold discovery. The Zuun Mod Molybdenum-Copper Project is a porphyry molybdenum-copper deposit. The Altan Nar mining license covers 4,669 hectares. The central and northern portion of the Ulaan license hosts a porphyry copper prospect.


TSX:ERD - Post by User

Comment by cupricityon Jul 25, 2010 11:34pm
356 Views
Post# 17295829

RE: Big DOG

RE: Big DOGIt's only a matter of time with this one, buy some more you won't regret it....  I haven't sold a share since it was 32 cents in Feb- time will take this into dollars and cents, might be a lot less time than you think.  They have a world class moly deposit in Mongolia, one of the closest to water met coal deposits being developed with a super major xstrata, solid industrial minerals in the states and one heck of a pile of granite on a rail line. Inside ownership, first class people.  DYODD and stop commenting on the actions of the market.  Sooner or later they will make sense.
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