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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

Post by cupricityon Dec 13, 2010 10:59pm
509 Views
Post# 17841645

Near Term Events

Near Term Events
 1. Donkin PFS (my guess is 5 squared)  Dec
 2. Continuous miners and conveyors are ordered as well as railway line completion. Jan
  3. Zuun Modd gets PFS. Jan/Dec
  4. They find some gold and copper Spring
  5. They find some coal in Mongolia Spring
  6.  Permits for more coal and ship load out are obtained. With the gov't chucking cash at harbour dredging u could say they have some skin in the game?  A sure thing.  Nothing is but likely.  Feb
  7.  Granite hill starts to kick in 2 million a year. October
   8. ADP price goes up as folks begin to like american Kaolin.  April
    9. Donkin starts producing.  3q 2012
   10.  Money from Donkin is used to start up Zuun Modd, because with the coming nuclear revolution, and natgas revolution moly be back to 30 bucks plus. 2014
  11. Thats pretty much it.  A little optimistic.  I bet the folks who sold to me at 30 cents wish they would have been too.
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