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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 Feb 08, 2011 10:17am
522 Views
Post# 18093274

Testing, testing

Testing, testing  See how that 78,200 share block got pulled before we could buy it?  Also notice this never, ever, ever, goes down on volume.  Just someone trying to expose stops when the order board is empty.  Same thing has been happening since the 30 cent range.
  As for Chinese tightening the only thing that will work for them is to raise their currency at least 30%. By doing so all the inputs that are causing inflation disappear.  At the same time the US can now export to them. Good for the world.
   Still long and strong.
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