high growth exploration & near-production assets

Mongolian, coal, copper/molybdenum & North American industrial mineral and coal projects

Free
Message: Future Direction

Seems that there are few followers on the ERD story, nevertheless the Presentation given at the PDAC Wednesday AM could deliver news that sets the company apart from many juniors. The Mongolian play with an estimated 1.5 m ounces could get a much needed boost if management can get some help on the numerous sites where high grade gold is in play. Gold is not the only metal as porphyry deposits are along side some of the gold zones, ths project is not that far from the huge Rio Tinto copper/gold porphyry and in the same tectonic setting. Could there be a second huge copper/gold deposit waiting for the drill.

Being a small explorer they suffer all the pains of not enough cash to mount a 100,000 m drill program and not enough staff to support other explortion work including on site experts to guide the program. Am thinking they either need a partner with deep pockets or step aside and let one of the big boys take the lead. Am hopeful that the latter is not in play but would welcome help, both financial that doesn't lead to excessive dilution and expertize that have played with hydrothermal deposits. could be interesting as holder have not seen a presentaion since Nov 17. Hoping for a change in how this program goes in the future.

 

mh

Share
New Message
Please login to post a reply