Erdene Resource Development Corp T.ERD

Alternate Symbol(s): ERDCF

Metals & Mining Industrial Metals & Minerals

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.

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Erdene Resource Development Corp

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Comment by bmeisteron Feb 01, 2011 9:59am

326 Views

Post# 18054242

RE: 4% copper!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

Wow, this property in Mongolia is starting to look way beyond my beliefs. Thanks,cupricity, for staying on task reminding us what true value this company has. I have been in this company for a long,long time and i now believe my pay-off is coming nearer.I said a few days ago I would let it all go for $5.00 BUT that is far,far too low based on what we are now starting to see.Bring on that feasibility study and we have a perfect storm for sp valuation.Long on Erdene

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