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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

Comment by csjron Jan 22, 2012 8:55am
298 Views
Post# 19432401

RE: RE: selling of assets??? what?

RE: RE: selling of assets??? what?

i was writing that post in a fury of madness!! i had money in opti canada who went bankrupt but was able to sell their asset to a chinese consortium for like 2.3 billion if i remember right only a week after they declared bankruptcy you can't tell me that deal happened in a week soo they screwed investors like myself out of my money!! soo in saying that i sure hope peter has some sincerity in trying to improve shareholder value as he puts is well i got one thing to say to that "show me the money!!!" and your right about the ups and downs but i can assure you of this the next time the go up to like $1.50 i am gone!!

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