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TSE:ERD

0.41
0.01 (2.38%) 1d
0
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COMMENT

This now has a project in Mongolia which has epithermal veins, which he loves. When you do find them and they carry great grades, it can grow really fast. This has a 50 g/meter width quite prominent with something like 16% which gets him excited. Still very early stage.

precious metals
TOP PICK
Small coal play. In pre-feasibility with feasibility study due in the next few weeks. Partnered with Xstrata (Cape Breton met coal property). Beneficial because of location where shipping costs will be cheaper. Also have a moly and copper play in Africa that is attractive Lots of cash and supported by NAV.
precious metals
DON'T BUY
Unfortunately, it is in Mongolia and their parliament passed an excess profits tax which made it unattractive for investors.
precious metals
BUY
They are active in several concessions in Mongolia. Any one of their projects could be a major mine. Should do well over the long term.
precious metals
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Erdene Resource Development(ERD-T) Rating

Ranking : 1 out of 5

Bullish - Buy Signals / Votes : 0

Neutral - Hold Signals / Votes : 0

Bearish - Sell Signals / Votes : 0

Total Signals / Votes : 0

Stockchase rating for Erdene Resource Development is calculated according to the stock experts' signals. A high score means experts mostly recommend to buy the stock while a low score means experts mostly recommend to sell the stock.

Erdene Resource Development(ERD-T) Frequently Asked Questions

What is Erdene Resource Development stock symbol?

Erdene Resource Development is a Canadian stock, trading under the symbol ERD-T on the Toronto Stock Exchange (ERD-CT). It is usually referred to as TSX:ERD or ERD-T

Is Erdene Resource Development a buy or a sell?

In the last year, there was no coverage of Erdene Resource Development published on Stockchase.

Is Erdene Resource Development a good investment or a top pick?

Erdene Resource Development was recommended as a Top Pick by on . Read the latest stock experts ratings for Erdene Resource Development.

Why is Erdene Resource Development stock dropping?

Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.

Is Erdene Resource Development worth watching?

In the last year, there was no coverage of Erdene Resource Development published on Stockchase.

What is Erdene Resource Development stock price?

On 2022-01-26, Erdene Resource Development (ERD-T) stock closed at a price of $0.41.