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Silver Dragon Resources Inc SDRG

"Silver Dragon Resources Inc is a mining and metals company focused on the acquisition, exploration, development, and operation of silver mines in proven silver districts globally. It is a mineral exploration company engaged in six properties located in the Erbahuo Silver District in Northern China namely, the Dadi, Laopandao, Aobaotugounao, Shididonggou, Yuanlinzi and Zhuanxinhu properties."


GREY:SDRG - Post by User

Bullboard Posts
Post by just28on Nov 08, 2011 7:05am
459 Views
Post# 19217743

Q3 10-Q out!!!

Q3 10-Q out!!!

I'm not surprised at all, there's no revenue and no production numbers in the2011 Q3-10Q released yesterday!!



RESULTS OF OPERATIONS (p.18)

Ninemonths ended September 30, 2011



Net sales were $nil
for both the periodsended September 30, 2011 and September 30, 2010 as there was no production atany of the properties



Yet earlier this year, they've issued a PR statingthe opposite......



https://app.quotemedia.com/quotetools/newsStoryPopup.go?storyId=42875126&topic=SDRG&symbology=null&cp=null&webmasterId=500



How comethis company is still trading?!?!?! Lies for tooooooooo many years, shareholdersare being fooled year after year...........



But your lovely Marc "BS"Hazout is still cashing lot of money for the POOR work he's doing as a CEO....And that's not considering his expense reports and other benefits!!!



9.Related Party Transactions and Balances (p.10)



During the nine-month periodended September 30, 2011, the Company incurred $247,590 (September 2010 -$216,000) in management fees paid to a company controlled by a director forservices rendered other than in his capacity as director



So I'm askingthe question again??? Is SDRG a SCAM???

Bullboard Posts