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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 R_J_on Aug 02, 2020 4:44am
1189 Views
Post# 31354970

End of Month - July 2020

End of Month - July 2020End of the Month (EOM) report for July 2020 for Erdene Resource Dev Corp
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ERD.TO closed on 07/31/2020 at C$O.39                   
ERD.TO closed on 06/30/2020 at C$O.65                                        
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This is a 66.7%, a 26-cent, GAIN for July.
[ RJ: WHOOPIE! ]

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Indexes
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Junior Gold Miners ETF [GDXJ], gained 21.1%, @ US$60.44, in July. [46.2% above its MA(200) @ $41.33]

Gold, @ US$1,985.90 gained 10.3%, or US$185.40, in July. [39.6% above its MA(200) @ $1,632.20]

Silver, @ US$24.22, gained 29.9%, or US$1.55, in July [39.6% above its MA(200) @ $17.35]

S&P 500 Index, @ 3271.1 gained 5.5% in July. [7.3% above its MA(200) @ 3048.6]
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Two Hundred Day Moving Average [MA(200)] stuff.
ERD.TO's MA(200) ended July at C$O.25
ERD.TO is 160.0% above its MA(200).
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ERD.TO New Releases in July.
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July 30, 2020
Erdene Provides Update on Private Placement
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https://dltkyhzg7evud.cloudfront.net/assets/files/4208/epr_en.pdf
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July 23, 2020
Erdene Announces $20 Million Financing Led by $15 Million Strategic Investment from Eric Sprott
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July 20, 2020
Erdene Announces Positive Bankable Feasibility Study Results for Bayan Khundii Gold Project
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July 20, 2020
Erdene Announces Conference Call to Discuss the Bayan Khundii Project Bankable Feasibility Study Results
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July 15, 2020
Erdene Confirms Three New Near-Surface, High-Grade Gold Zones at Khundii Gold Project
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July 7, 2020
Erdene Intersects 5.5 Metres of 126 g/t Gold Including 1 Metre of 582 g/t Gold at New Bayan Khundii Zone and 15 Metres of 26 g/t Gold Including 1 Metre of 338 g/t Gold
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Who is the Big Cheese at ERD?
Peter C. Akerley, President, CEO, & Director
T. Layton Croft, Chairman of the Board
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RJ
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