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

Bullboard Posts

Comment by miner8740on Mar 05, 2011 11:23am

514 Views

Post# 18237640

RE: RE: Strong

April may be too late to prevent the downfall of the sp
oil crisis picking up steam next week will play havco on ALL stocks
investors are saying to stay in cash until the headwinds dimminsh
may need PFS out sooner or face the strong headwinds like last 2 weeks
present news release may stop the headwinds temporary but not permanently
also is it possible that 300 to 500 million can be sought in this type of market conditions with the oil crisis
Canada dollar rising could add to the exports costs which may make the project marginal, i guess this analysis will be in the new PFS
still a very high risk spec play with a lot of voalitity

do your DD

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