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Bullboard - Stock Discussion Forum
Erdene Resource Development Corp
T.ERD
Alternate Symbol(s):
ERDCF
Metals & Mining
Industrial Metals & Minerals
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.
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TSX:ERD - Post Discussion
Erdene Resource Development Corp
> Erndene is a sleeper
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•••
goldstd69
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Post by
goldstd69
on Apr 01, 2024 2:54pm
Erndene is a sleeper
I like this company...who knows
(16)
•••
fruitvale3067
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Comment by
fruitvale3067
on Apr 26, 2024 10:26am
It's just my opinion, however the share price will most likely consolidate in this area while construction continues. Having said that, 6 months ago drill results weren't moving stock prices from exploration companies. That I believe has changed with the POG at it's current level. So the next catalyst could be drill results combined getting closer to the mill completion and initial
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