Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.

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 cyanide5on Sep 27, 2024 6:48pm
163 Views
Post# 36244880

RE:Is management trustworthy. I like the story but 5 years ago

RE:Is management trustworthy. I like the story but 5 years ago

This is a different company. You can't compare mgmt of one company in a jurisdiction to another. 


Erdenes mgmt has done what they have said all along. They always wanted to make this a mine and are on their way to being a miner within next 6/9 months. 


furthermore, Eric sprott just bought another 458,500 shares in open market at .60 per Canadian insider filing on Sept 25th. It's showing 2 transactions for same amount so not sure if it's 2 different transaction or same. Nevertheless shows that he has faith in this company and expects higher prices. 

<< Previous
Bullboard Posts
Next >>