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Bullboard - Stock Discussion Forum Erdene Resource Development Corp T.ERD

Alternate Symbol(s):  ERDCF

Erdene Resource Development Corporation is a Canada-based resource company. The Company is focused on the acquisition, exploration, and development of precious and base metals in underexplored and highly prospective Mongolia. The Company’s deposits are in southwestern Mongolia’s Edren Terrane, within the Central Asian Orogenic Belt. The Company’s principal projects are the Bayan Khundii Gold... see more

Bullboard (TSX:ERD)

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Post by BugTSWYon Nov 07, 2025 10:27am

Didn't see this

Just a hair under my purchase price. Was up over $10,000. Was hoping for a lot more information on  the mine and current gold production. I know it's winter there and that can be challenging. ...more  
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  • Jonathon BrownX
Post by Jonathon Brownon Nov 06, 2025 9:32am

Buzz on the Bullboards: Baytex, Theralase, and Bombardier drive investor buzz this week

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  • fruitvale3067X
Comment by fruitvale3067on Nov 05, 2025 5:19pm

RE:RE:RE:RE:Submitted

I believe part of the price drop is now that we have commenced production it won't be until late february before we have the Q4 results. So reallly 4 month before any real financials come out with ...more  
Comment by BugTSWYon Nov 05, 2025 4:58pm

RE:RE:RE:Submitted

I submitted the question but never heard any questions answered except by phone. 
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  • pastafagoliX
Comment by pastafagolion Nov 05, 2025 4:06pm

RE:RE:RE:Submitted

What is the reason for the 25% price drop this last month?
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  • fruitvale3067X
Comment by fruitvale3067on Nov 05, 2025 3:57pm

RE:RE:Submitted

Just listened to the CC. No mention of fuel issues. Everything proceeding as expected. 
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  • fruitvale3067X
Comment by fruitvale3067on Nov 04, 2025 4:20pm

RE:RE:Submitted

In one of the corporate updates it was indicated that when they were ramping testing of the mill they were using diesel gneerators because the electrical line wasn't yet completed. Since then the ...more  
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  • stockpunter2X
Comment by stockpunter2on Nov 04, 2025 12:41pm

RE:Submitted

Well done.  Maybe the whole operation is tied to the electric grid.  As I said, I'm new to this story and just kicking the tires.  There will be a SP re-rate upon a timely full ...more  
Post by BugTSWYon Nov 03, 2025 10:25am

Submitted

I have submitted the question as to if they are having trouble acquiring diesel fuel and if generators are currently being used. 
Comment by BugTSWYon Oct 30, 2025 11:56am

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Fuel Shoratge

There is a pipeline that's almost done carrying oil from the north to a refinery they are building in the southeastern part of Mongolia. Also Russia and China are currently building a natural gas ...more  
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  • stockpunter2X
Comment by stockpunter2on Oct 29, 2025 8:37pm

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Fuel Shoratge

With all due respect, I disagree.  They will either suffer an interuption or they won't.  If they do, and we don't know the probability, it will impact one or more of rate-imiting ...more  
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  • fruitvale3067X
Comment by fruitvale3067on Oct 29, 2025 5:19pm

RE:RE:RE:RE:RE:RE:RE:RE:RE:Fuel Shoratge

Again, they have a very small fleet of haul trucks and excavators. Drill rigs really don't use much fuel on a daily basis. It's why the AISC is so low. Now the cost for fuel may go up but ...more  
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  • stockpunter2X
Comment by stockpunter2on Oct 29, 2025 2:38pm

RE:RE:RE:RE:RE:RE:RE:RE:Fuel Shoratge

"the excavation and hauling equipment runs on diesel but I don't think it's a big drain on the system".  huh?  No Diesel means the operation grinds to a halt.  Also ...more  
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  • fruitvale3067X
Comment by fruitvale3067on Oct 29, 2025 1:00pm

RE:RE:RE:RE:RE:RE:RE:Fuel Shoratge

I'm not worried about fuel. I'm guessing most of the mill runs on electricity provided by the power line that was run a couple hundred kilometers from China. Yes the excavation and hauling ...more