ERDENE RESOURCE DEVELOPMENT - 500 Beiträge pro Seite

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Shares Out: 89.231 million
Quoted Market Value: 24.985 million



Erdene’s mission is to identify and develop unique opportunities that will create maximum value for our shareholders. We have identified strategic projects that we are advancing toward development. Each project hosts a specific commodity with strong, long-term market fundamentals including coal, molybdenum & metals and industrial minerals. Erdene is well financed to advance the Company’s key projects through to 2011.

Kürzel für Toronto: ERD
Kürzel für D (Frankfurt und Berlin): E8K

http://www.erdene.com/index.php

Erdenes Projekte:

Erdene has identified three strategic projects to advance toward development. Each project hosts a specific commodity with strong, long-term market fundamentals:

DONKIN - Coal

Erdene has a 25% ownership of the Donkin coal project in Cape Breton, Nova Scotia. Together with our partner Xstrata Coal (75% ownership) the Donkin Coal Alliance is currently working on a $20 million feasibility study which is anticipated to be completed in the first half of 2009. The Harbour seam, with an Indicated Resource of 101Mt and an Inferred Resource of 115Mt, has been targeted for initial development. The Donkin coal is classified as high volatile A bituminous, high-sulphur, medium-ash coal and is considered to have very good thermal and metallurgical qualities. Situated on tidewater, the project is ideally located to take advantage of local (2Mtpa) and international markets.
ZUUN MOD - Molybdenum

The Zuun Mod molybdenum property is located in southwestern Mongolia, 200km from railhead at Ceke on the Chinese border. An independent resource estimate has determined that the Zuun Mod deposit has a Measured and Indicated Resource of 237Mt at an average grade of 0.052% molybdenum (0.04% Mo cut off). This equates to 272 million pounds of contained Mo metal. A revised resource estimate is anticipated in the first half of 2009. In 2009, Erdene will advance the project towards a mining license and carry out economic evaluations of the project, focusing on higher grade portions of the deposit, taking into account current and projected market conditions for molybdenum.
GRANITE HILL - Construction Aggregate

Granite Hill is Erdene’s construction aggregate (crushed stone) property, located in Georgia, U.S. The Granite Hill project is being developed as a construction aggregate quarry primarily to serve the growing Florida and costal South Carolina and Georgia markets. Granite Hill is adjacent to rail and mine permitting is complete. Ready Mix USA, LLC has been granted an exclusive right to mine, process, and sell aggregate from the Granite Hill property subject to a royalty payable to Erdene. Granite Hill has a targeted production rate of 1.5Mt of granite aggregate per annum.

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Aufmerksam bin ich auf die Aktie durch diesen Artikel geworden:
(Vielen Dank an dieser Stelle an Mahenscho im GXS-Thread)


Three Coal Investments and a Sector on Fire
by: Doug Hadfield September 01, 2009 | about: CIEGF.PK / CNX / ERDCF.PK / GXSFF.PK / KOL / PKOL / YZC

With recession fears fading into the past in Asia and growth increasingly back on track in the West, global energy demand is again surging. It's no big surprise that oil is again making a run for triple digits; it's the other black gold that could yet steal the spotlight for resource investors. Not only was China taken by surprise by this renewed surge for coal demand, the whole region including Japan and Australia seems to have been caught unawares. Coal recently was shipped to China from the US, the first such transaction in five years. Add to this Mongolia's recent changes to mining law, and you have a cocktail for excellent investing opportunities.

A drop in domestic output now has China importing more coal--at the highest prices in over a year. Since the recession hit in earnest in August 2008 (a full year after the sub-prime mortgage sector blew up) coal prices globally have taken a beating, right back to where they were in early 2007.

click to enlarge

Average Weekly Coal Commodity Spot Prices

The shift toward increased imports in China has particularly benefited the price of coking coal, used for steelmaking and much scarcer than thermal coal, which fires power plants. The strength of Chinese imports has "surprised coal miners Xstrata, BHP Billiton (BHP), Rio Tinto (RTP) and Anglo American (AAUK) that were braced for a protracted period of low prices because of low demand in Japan, South Korea and Taiwan, the traditional buyers."
Sharply falling coal prices in late 2008 and early 2009 caused China to put several high-cost mines on ice. This coincided with a crackdown by Beijing on smaller, more dangerous mines. Domestic supplies were cut, and import demand rose.

According to MySteel.net, China exported 11.67 million tonnes of coal with a total value of USD 1.43 billion in the first half of 2009, down by about 50% since 2008. In the same period, China imported 48.26 million tonnes of coal worth USD $3.94 billion, an increase of 130 percent in tonnage and 180% in value. The average import price went up by 22.3% to USD $81.6 per tonne.

The tightness of the market was illustrated recently by US coal sales to China, the first in five years. In addition to Consol Energy Inc.'s (CNX) recent sales, several ships have been hired to haul US coal to China.

In the meantime, China, India and other countries in the region are scrambling to acquire large projects to feed future demand, which is expected to increase sharply as energy demands outpace supply capacity.

Yanzhou Coal Mining Co. (YZC), listed in Hong Kong, New York and Shanghai has tripled from $4 per share to $12 this year, and climbed again last week after Felix Resources Ltd. recommended its shareholders accept a USD$3 billion takeover offer from Yanzhou--China’s fourth-biggest coal producer. Felix produces both coking coal and thermal coal from mines in New South Wales and Queensland.

The great commodities (and China) bull, Jim Rogers sees the situation clearly: ""There's a crisis coming. They are going around the world buying up what they can." Rogers is the Chairman of Rogers Holdings and the author of books including Investment Biker and Adventure Capitalist. He moved to Singapore in 2007 to be close to the groundbreaking Asian markets. He invests heavily in China.
(A eerily prescient aside about Rogers: In September 2007, a full three months before the Great Recession officially began, Rogers told the NY Sun, "We're in a recession right now, especially in housing, automobiles, and some financial sectors." He explained that it is unusual not to have a recession in a five-year period and attributed the prolonged bull run to money printing by the Federal Reserve, both Ben Bernanke, and his predecessor, Alan Greenspan. "If we keep printing money, the Dow will go to 30,000, but the dollar and stock market will eventually collapse," he said. "Stocks don't ever go up forever.")
In India, demand for coal is expected to reach around 2.5 billion tonnes a year by 2031-32, around five times the current rate of extraction, with most of it coming from the power sector. India's International Coal Ventures, a consortium of coal producers set up to secure assets outside of India, said this month that it plans to bid for concessions in the East Bargo area of Australia.

In August, Indian state-run power producer NTPC said it had appointed Macquarie as consultant for acquiring coal mines in Indonesia. IBT Commodities has reported that the Indian firm JSW Energy is close to finalizing a coal-supply linkage pact in Indonesia. The company is also exploring options of acquiring coal mines in South Africa and Australia, to secure coal supplies for its forthcoming power projects. Elsewhwere, TATA Steel is scouting for coking coal and iron ore mines abroad, including in Brazil and Australia, to ensure raw material security for its European operations.

In contrast with India, Chinese coal producers are dealing with more stark realities of demand growth and limited supply. China is home to 1.3 billion people and has the world’s fastest-growing economy, which relies upon coal for 80% of its energy needs. Compounding scarcity in China is the generally poorer quality of coal in existing Chinese deposits. And in spite of recessionary cutbacks in coal and manufacturing exports in general, China remains the world’s largest coal producer, as well as its largest consumer, accounting for a quarter of the world's coal consumption. It's for this reason that Rogers so correctly argues that there is a crisis coming. China is meeting demand today, barely, but with shortfalls expected to increase annually, any acquisitions completed today will barely cover tomorrow.
Figure 42. World Coal Consumption by Country Grouping, 1980-2030 (Quadrillion Btu). Need help, contact the National Energy Information Center at 202-586-8800.

A few companies we like:

CIC Energy (CIEGF.PK) could soon benefit from Chinese hunger for coal. In Africa, the Chinese sponsored China-Africa Development Fund has a $5 billion purse at its disposal to assist African companies with equity investment, fund investment, quasi-equity and consulting services. CADF's Liu Xiaolei has previously held talks regarding a potential investment in CIC Energy's $3 billion Mmamabula Energy Project in Botswana. CIC Energy's plans involve a 6 million tonne per year coal mine (initial run-of-mine feed plan), which would in turn feed the company's planned 1,200 megawatt coal-fired power plant.

Prior to getting the go ahead on an offtake agreement from Eskom, which provides 95% of South Africa's power, CIC Energy will have to be able to prove it has funding for the project. Meanwhile, funding shortages have meant that Eskom's funding model will remain uncertain until the end of September.

CIC Energy does anticipate that additional equity investors will participate in the Mmamabula Energy Project.To date, International Power Plc, intends to take a 35% equity stake in the Mmamabula Energy Project (Press release July 27, 2009).

Although signals continue to indicate that the company is progressing in finding the necessary funds for the project, investors have kept cool about CIC. Prior to the market crash late in 2008, the company traded between $7 and $17 per share for over 18 months. CIC Energy has approximately 50 million shares outstanding and trades at $2.20 on the TSX.

The company's plans to build a coal-fired generating station and sell power to both Botswana and South Africa comprise a sound business model. Both countries forecast strong growth in energy requirements; South Africa is already struggling to meet demand with brownouts occurring regularly. With a 43-101 compliant resource of more than 2.6 billion tonnes of thermal coal, mostly in the measured category, the company could fire its planned power plant for 43 years.

A second plan involves a coal-to-hydrocarbons plant, with commercial operations envisaged in 2015. CIC also has long term plans to rail coal from the continent to overseas purchasers such as China.

Goldsource Mines (GXSFF.PK) in 2008 sent a buzz through the investing world with a stock that shot from $0.30 to about $19 per share before getting hosed down by a combination of recession and surprising drill results. While drilling for diamonds in eastern Saskatchewan, the company happened upon a 30 metre coal intercept that overnight changed Goldsource into a coal company and the region into a hub of exploration activity. This month, Goldsource completed the final eight holes of the summer phase of drilling at its wholly-owned Border Project Border, located near Hudson Bay, Saskatchewan, Canada.

The drilling encountered 23 to 50 metre coal intercepts.

A total of twenty core holes, totaling approximately 3,267 metres, were drilled during the summer programme. The most significant coal intervals occurred in the Niska sub-basin. All holes drilled in this phase were designed to test new targets outside the original discovery area.

The company said that drilling to date has discovered 15 coal deposits at Border with excellent potential for additional coal discoveries. Each is a coal deposit in its own right, some measuring greater than a kilometer across.

Goldsource maintains that Border has the potential to be a world class mine and is targeting 500 million to 1 billion tonnes high quality thermal coal (low ash<15%, moderate sulphur <2%, high BTU's >9,000). The company remains conservative with all its numbers: The initial reports in 2008 caused a wave of speculation and elevated the stock price well beyond expectations. That said, if Goldsource was able to raise $18 million at $11.75 per share in difficult times (June 27, 2008!), I'm comfortable its present price.

While the Border project is young, the company is toying with several options, including producing high quality thermal coal for export and coal liquefaction. Additionally, the coal mined would be of a higher quality than that produced in the south of Saskatchwan, and could therefore be sold to power producers in the province and neighboring provinces and states with coal burning power generators.

Other aspects of Goldsource that should be attractive to investors:

* Undiluted stock, with 19 million shares out.
* Cash in the bank: The company raised $18 million when the market cap was higher.
* Management: The management team is in the process of putting a gold-silver mine into production in Mexico (SilverCrest Mines). They know what they're doing. We've watched them raise funds favorably on more than one occasion. They follow through.
* Excellent infrastructure: Deposit adjacent to railway, highway and service communities.
* Government support: We have spoken with the mayor of the nearby town of Hudson Bay. She was effusive about the project.
* Aggressive exploration: The company planned $5 - $6M winter drill hole program (commenced Q1-2009) - COMPLETE; Targeting 2009 NI 43-101 Technical Report and preliminary scoping study.
* Room for expansion: The project is less than 10% explored; the company has consistently expanded the resource since discovery & owns more land in the region.

Now that the company has a clearer idea of the nature of this deposit, it is proceeding with completing a scoping study and initial resource estimate for the Border project, along with additional drilling in the area and at the Ballantyne project.

Many resource companies (and investors) celebrated last week as Mongolia's new government made sensible changes permitting projects to move ahead, pumping new energy into public companies operating in that country. With these events, some coal companies have seen large gains in their respective stock markets; many have not yet realized gains.

Erdene Resource Development Corp. (ERDCF.PK), which has both coal and copper/moly projects in the region, was more than a little excited to get the news that Mongolia's legislature had repealed its windfall tax on copper and gold. Erdene has two projects with resource estimates in Mongolia, the Zuun Mod, with resource of 230 million pounds moly and another 245 million pounds copper in inferred, indicated and measured categories.

Report on Business wrote last week:

The hefty tax contributed to protracted negotiations for an investment agreement as Ivanhoe and Rio balked at the proposed levy.

Yesterday, under pressure from Mongolia's financially struggling citizens who are reportedly 80-per-cent in favour of allowing the Oyu Tolgoi project to proceed, many of those same legislators voted to cancel the windfall profits tax by 2011. Mongolia will take a 34-per-cent share in the project, well below the 50-per-cent stake that some legislators had recently been seeking.

Ivanhoe advanced by almost $2.50 per share to $11.85 on Thursday. By close on Friday, its shares on the TSX had reached $12.25.

Long-delayed projects have been getting the green light in a number of developing countries amid the economic downturn. In April, Argentina and Chile agreed on a tax structure that gave Toronto gold giant Barrick Gold Corp. permission to build the massive Pascua-Lama project that had been in limbo for years.

Erdene also has the Donkin Coal deposit in Mongolia, with almost 500 million tonnes coal in the inferred and indicated categories.

Spot prices for coking coal surged last week to $160 a tonne, up almost 40% in the last three months and the highest in 12 months. Bank of America-Merrill Lynch recently raised its forecast for coking coal annual contract prices to $140 a tonne next year, up from $129 this year. Thermal coal spot prices have risen too, trading at $75 a tonne, up 25% from March’s low of $60 a tonne.

Erdene's deposit is ranked primarily in the latter category.

The company's CFO, Kenneth MacDonald told me that China would probably be the company's main buyer, should a mine be built. "We're about 175 kilometers by rail from China's steel industry," he told me. "Now that the windfall tax has been repealed and three other laws have been ammended, it looks to us like they're listening now."

For Erdene, the timing couldn't have been better. The company still had $16.3 million in the bank in August, and its new 43-101 report on Zuun Mod signified an almost 40% increase in the value of the metals in the ground.

"Molybdenum has doubled in the last few months. Copper is at an annual high. The coal industry is as strong as ever. Now we're looking for a major partner, possibly a mining company or a customer," MacDonald told resourceINTELLIGENCE TV.

Thermal coal is still well below last year’s record of more than $180 a tonne, but the pressure could be growing.
Disclosure: No positions

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Sorry! Quelle: http://seekingalpha.com/article/159341-three-coal-investment…

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Eine rege, fruchtbare Diskussion über ERDENE in angenehmer Atmosphäre sei hiermit eröffnet!

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Geplante Käufe sollte man möglichst in Toronto tätigen! Frankfurt stellt zwar Kurse, Umsätze sind hierzulande jedoch bis jetzt nicht zu sehen!

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[TimLuca [KommA]]

Hallo,

werde mir deine Aktie mal näher anschauen.
Schöne Arbeit die du dir hier gemacht hast....


Gruß
TimLuca

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Antwort auf Beitrag Nr.: 38.106.596 von TimLuca am 02.10.09 18:56:06

Danke und welcome!

Mal schauen, was wir hier noch über die Company zusammentragen können...

[Mahenscho]

Hi
Werde sie auch mal gut beobachten..
Schöne Infos hast du hier zusammen getragen.
Danke das du mich sogar erwähnt hast

Auf einen freundlichen und informativen thread!

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Antwort auf Beitrag Nr.: 38.106.679 von Mahenscho am 02.10.09 19:09:09

Hi,

auch Dir ein welcome! Selbstverständlich Dich zu erwähnen, bin ja durch Dich darauf gestoßen!

Ich mach mal weiter mit Infos aufzählen:

Ein Highlight bei ERDENE ist die aktuelle Cash-Position von über 16 Mio.Can.$ bei der jetzigen MK von nur rd. 25 Mio.! Laut Unternehmen ist damit bereits die Finanzierung der geplanten Projekte bis 2011 sichergestellt!

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Super-HP! Gleich mal im News-Mail-Verteiler eingetragen!

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Irgendwas scheint hier im Busch zu sein! Bereits jetzt der zweithöchste Tagesumsatz der letzten 30 Tage. Und vor allem in erster Linie große Blöcke:

Last Ten Trades
Time Price Shares Change
13:51 0.280 100,000 0.010
13:17 0.280 1,500 0.010
13:17 0.280 400 0.010
11:32 0.290 3,500 0.020
11:32 0.295 1,500 0.025
11:30 0.290 6,500 0.020
11:28 0.285 10,000 0.015
10:59 0.280 50,000 0.010
10:10 0.280 50,000 0.010
09:30 0.280 50,000 0.010

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Die zuletzt veröffentlichten News:

Erdene Comments on Mongolian Parliament's Amendments to Mining Laws

August 26, 2009 - Halifax, Nova Scotia - Erdene Resource Development (TSX:ERD) commented today on the Mongolian Parliament's approval of amendments to four mining laws in the country. The amendments include a provision to cancel the 68% windfall profits tax and changes to other laws aimed to benefit the country's mining industry.

"Erdene made a long term commitment to Mongolia because of its combination of world class deposits, high prospectivity for mineral discovery and strategic location relative to China," said Peter Akerley, President and CEO. "The amendments announced yesterday have reinforced our belief that the country provides one of the most attractive locations globally for investment in the mineral exploration sector. Our company will now be accelerating our efforts on all fronts in Mongolia."

Mongolian Project Summaries and Updates

Zuun Mod Molybdenum Project

Located in southwestern Mongolia, Erdene's wholly owned Zuun Mod project is a porphyry molybdenum ("Mo") (with copper and rhenium) deposit and consists of a single license totaling 49,538 hectares. The project is within 180 kilometres of China's border and 215 kilometres from the railhead transporting metallurgical and thermal coal into China from the Ovoot Tolgoi and Nariin Sukhait coal mines.

Last week, Erdene reported a National Instrument 43-101 measured and indicated resource of 134 million pounds of Mo at 0.062% Mo and an inferred resource of 97 million pounds of Mo at 0.060% Mo. The company is now advancing the project toward a mining licence application and prefeasibility through its consultants, AMC and Minarco-Mineconsult.

Erdenet Copper Project

The Erdenet Copper Project is located in north-central Mongolia adjacent to the Erdenet Mining Corporation copper/molybdenum mine, which is the second largest porphyry copper deposit in Central Asia and one of the largest in the world.. In the fourth quarter of 2009, Erdene is planning a drilling program on the Tsagaan Chuluut target located four kilometres northwest of the EMC open pit. The company's drilling results have indicated the extension of both near surface oxide and deeper sulfide porphyry copper mineralization.

Xstrata Coal Alliance

Together with Xstrata Coal Canada Limited ("Xstrata"), Erdene is involved in a comprehensive coal generative program that evaluates numerous prospective metallurgical and high quality thermal coal deposits throughout Mongolia.

All of Erdene's coal exploration in Mongolia is being fully funded by Xstrata and is being carried out in consultation with Xstrata personnel. Since 2006, the Company has visited over two hundred coal sites throughout Mongolia under the Strategic Alliance Agreement with Xstrata and has compiled an extensive database on coal deposits, occurrences, prospective stratigraphy and sedimentary basins, allowing for a prioritization of targets. During the second quarter, Erdene performed due-diligence work on behalf of the alliance and was granted new coal exploration licences and began the fieldwork portion of the 2009 exploration season.

Regional Cu-Au-Mo Porphyry Exploration

Erdene has been carrying out a regional porphyry exploration program for the past 12 months in an effort to identify targets for acquisition and exploration. The exploration efforts have been successful and will now be accelerated to the acquisition stage.

About Erdene
Erdene Resource Development Corp. is a diversified resource company with multiple projects at various stages of development from exploration to production, all focused on high-growth commodities. Erdene has a current working capital position of approximately $16.3 million, including that of its controlled subsidiary Advanced Primary Minerals Corp (APD-TSX-V), with 89,230,877 common shares issued and outstanding and a fully diluted position of 94,208,377 common shares.

Forward-Looking Statements
Certain information regarding Erdene contained herein may constitute forward-looking statements within the meaning of applicable securities laws. Forward-looking statements may include estimates, plans, expectations, opinions, forecasts, projections, guidance or other statements that are not statements of fact. Although Erdene believes that the expectations reflected in such forward-looking statements are reasonable, it can give no assurance that such expectations will prove to have been correct. Erdene cautions that actual performance will be affected by a number of factors, most of which are beyond its control, and that future events and results may vary substantially from what Erdene currently foresees. Factors that could cause actual results to differ materially from those in forward-looking statements include market prices, exploitation and exploration results, continued availability of capital and financing and general economic, market or business conditions. The forward-looking statements are expressly qualified in their entirety by this cautionary statement. The information contained herein is stated as of the current date and subject to change after that date.

Contact information
Peter C. Akerley
President and CEO

or

Ken W. MacDonald
Vice President Business Strategy and CFO

Phone: [phone]
e-mail: [e-mail]
www.erdene.com

http://investor.shareholder.com/erd/releasedetail.cfm?Releas…

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Und gut zwei Wochen davor die Meldung über das update des NI-Berichts:

Erdene Receives Updated NI 43-101 Compliant Resource Estimate for the Zuun Mod Molybdenum Project

Measured and Indicated Resources of 134 million pounds of Mo at 0.062% Mo and an Inferred Resource of 97 million pounds of Mo at 0.060% Mo

August 19, 2009 - Halifax, Nova Scotia - Erdene Resource Development (TSX:ERD) today announced it has updated its National Instrument 43-101 ("NI 43-101") compliant resource estimate for the Company's Zuun Mod Molybdenum Project in Mongolia. The new resource estimate was prepared by Minarco-MineConsult, part of Runge Limited.

"Our goal for Zuun Mod was to expand on resources in the range of 0.06% Mo and to better define higher grade domains within the deposit for the initial mining phases." said Peter Akerley, President and CEO. "We have achieved this with a significant increase in total resource for that grade range and also defining a higher grade domain within the South and North Racetrack deposits continuing to indicate the deposit is one of the largest and most advanced pre-development molybdenum projects in the North Asia region".

The Zuun Mod molybdenum deposit has a Measured and Indicated ("M&I") Resource of 98 million metric tonnes ("Mt") at an average grade of 0.062% molybdenum ("Mo"), at a cut-off grade ("cog") of 0.05% Mo equating to 133.8 million pounds ("Mlbs") of contained Mo metal. In addition, there is a 73 Mt Inferred Resource at an average grade of 0.060% Mo equating to a further 97.1 Mlbs of contained Mo metal. The resource identified two higher grade zones within the South and North Racetrack deposits, which contain 95% of the M&I Resource at the higher 0.06% Mo cut-off which totals 44 Mt and averages 0.071% Mo.

Located in south-western Mongolia, Erdene's wholly owned Zuun Mod property is within 180 kilometres of China's border. The project is 215 kilometres from the railhead transporting metallurgical and thermal coal into China from the Ovoot Tolgoi and Nariin Sukhait coal mines.

While exploration to date has identified significant Mo, copper ("Cu") and rhenium ("Re") mineralization at Zuun Mod, the work has been primarily focused within the South Corridor, a NE-SW trending structurally controlled zone approximately 3.6 kilometres long by 800 metres wide. The remainder of the Zuun Mod porphyry complex has undergone only limited exploration consisting of surface survey and widely spaced drill holes. These programs have identified significant anomalous mineralization and the entire Zuun Mod property is considered to be highly prospective for the discovery of additional potentially economic Cu and Mo mineralization.

Resource Estimate
Minarco-MineConsult, part of Runge Limited, has prepared the Zuun Mod mineral resource estimate and will file a Technical Report, as an independent technical review of the geological model, methodologies and the resource estimate for the Zuun Mod project consistent with Canada's National Instrument 43-101, Standards of Disclosure for Mineral Projects. The table below provides a summary of the Mo, Cu and Re mineralization for the Zuun Mod deposit by mineral resource category using a range of cut-off grades.

Resource Estimate Discussion
The objectives for the program were to add tonnage at the 0.06% Mo range and firm up a higher grade zone.

Compared with the inaugural Zuun Mod resource estimate of May 2008, the July 2009 resource estimate has seen a slight decrease (11%) in M&I Resource at a 0.05% Mo cut-off from 110 Mt to 98 Mt but a major (460%) increase in Inferred Resource from 13 Mt to 73 Mt. Both have seen a slight increase in grade to an average of 0.062% Mo overall, which met our drilling program objectives.
In addition, a higher grade zone has been identified within the South and North Racetracks deposits grading 0.07% Mo with 44 Mt M&I Resource and 29 Mt of Inferred Resource. The lower overall M&I Resource tonnage is due in part to the use of geological wireframes in the estimate. The previous Multi Indicator Kriging estimate was run predominantly unconstrained. The Measured Resource tonnage has decreased with a proportional increase in Indicated Resource. This is predominantly due to the slightly greater variability noticed in the recent 50 metre by 100 metre drill spacing and the inability of the current variography to clearly identify mineralization trends observed on site such as vein and mineralization orientation. The major increase in inferred resources is a result of additional resources being defined peripheral to the previous deposit limits, at depth and as a result of in-fill drilling.

Zuun Mod remains a relatively new discovery with significant room for expansion and further definition of higher grade zones reflected in these results based on a relatively small drill program.

Future Plans
The company is currently completing field reconnaissance programs in the vicinity of the Zuun Mod deposit to determine prospectivity of several targets in the area. This information will provide necessary information to plan future drilling as well as provide definition of the eventual mining licence property boundaries.

AMC LLC an independent, Mongolian mining consulting company is lead consultant on the Company's preparation of necessary information for its mining licence application. This includes deposit composition and technical features, hyrdo-geology, mineral resources, mining conditions, environmental reporting and production of a scoping level report for submission to the Mongolian regulators for review of the application.

Minarco-Mineconsult with the completion of the new Zuun Mod resource estimate is now initiating a pit optimization and scheduling study to combine with the previously completed work under the Preliminary Assessment Study initiated in 2008. Following completion of this work in the 3rd quarter of this year it is anticipated that the information will be applied to determine fleet operating hours and numbers to create a financial model on which to base decisions on advancing the project to the prefeasibility level.

Qualified Person
The Mineral Resource estimates was prepared under the supervision and based on information compiled by Philippe Baudry, who is an employee of Minarco-Mineconsult. Philippe Baudry is also a Qualified Person within the meaning of such term under NI 43-101 and a Member of the Australian Institute of Geoscientists (Membership No 3721). Philippe Baudry consents to the inclusion in this release of the matters based on his information in the form and context in which it appears. The grade model was prepared using Datamine and Surpac software, with a regular block model. Molybdenum (Mo) and copper (Cu) grades were estimated using ordinary kriging. Rhenium (Re) grades were estimated using a combination of ordinary kriging and regression based on the Mo grades. Geological data verification and QA/QC of the drill-hole results has been completed and is included in the NI 43-101 compliant Technical Report prepared by Minarco-MineConsult.

About Erdene
Erdene Resource Development Corp. is a diversified resource company with multiple projects at various stages of development from exploration to production, all focused on high-growth commodities. Erdene has a current working capital position of approximately $16.3 million, including that of its controlled subsidiary APM, with 89,230,877 common shares issued and outstanding and a fully diluted position of 94,208,377 common shares.

Forward-Looking Statements
Certain information regarding Erdene contained herein may constitute forward-looking statements within the meaning of applicable securities laws. Forward-looking statements may include estimates, plans, expectations, opinions, forecasts, projections, guidance or other statements that are not statements of fact. Although Erdene believes that the expectations reflected in such forward-looking statements are reasonable, it can give no assurance that such expectations will prove to have been correct. Erdene cautions that actual performance will be affected by a number of factors, most of which are beyond its control, and that future events and results may vary substantially from what Erdene currently foresees. Factors that could cause actual results to differ materially from those in forward-looking statements include market prices, exploitation and exploration results, continued availability of capital and financing and general economic, market or business conditions. The forward-looking statements are expressly qualified in their entirety by this cautionary statement. The information contained herein is stated as of the current date and subject to change after that date.

Contact information
Peter C. Akerley
President and CEO

or

Ken W. MacDonald
Vice President Business Strategy and CFO

Phone: [phone]
e-mail: [e-mail]
www.erdene.com

http://investor.shareholder.com/erd/releasedetail.cfm?Releas…

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Und "Erdene Reports 2009 Second Quarter Financial Results and Provides Project Updates" vom 17.08. kopiere ich jetzt aufgrund der Länge nicht rein.

Aber den link gibbet: http://investor.shareholder.com/erd/releasedetail.cfm?Releas…

[Mahenscho]

interview mit dem ceo!

http://www.cnbc.com/id/15840232?video=1073440852&play=1

[Mahenscho]

und noch ein webcast...

http://www.erdene.com/ERD%20Webcast,%20March%202009.mp3

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Antwort auf Beitrag Nr.: 38.107.651 von Mahenscho am 02.10.09 21:31:30

Hi,

danke für die sehr interessanten Beiträge. Ich finde es immer wichtig, die Leute, die hinter der Company stehen, auch mal "in action" zu sehen. Peter Akerley macht auf mich einen absolut seriösen Eindruck. Ein erfahrener, besonnener Geologe, der weiß was er tut!

Peter C. Akerley has held the position of President and Chief Executive Officer since March 2003. Mr. Akerley has been a director of the company since February 2003.

Mr. Akerley previously provided exploration and managerial services for projects in Canada, the U.S.. Mexico, Guyana, the Philippines and Mongolia to junior and senior exploration and mining companies. Projects discovered under Mr. Akerley’s management have subsequently been developed in both Mongolia and the United States. Between 1996 and 1998, he was co-manager of a major exploration program in Mongolia with J. C. (Chris) Cowan.

Mr. Akerley has also been President of BRM Exploration Ltd., a mineral exploration consulting company that provided geologic exploration and managerial services to the industry internationally, since 1996. He holds a BSc (Geology) from Saint Mary's University in Halifax.
http://www.erdene.com/corporate20/management22.php

[tradepunk]

Auszug aus dem Fact-Sheet über die wichtigsten Projekte:

ADVANCED STAGE PROJECTS WITH SIGNIFICANT UPSIDE POTENTIAL
ZUUN MOD Molybdenum
● Wholly owned and located within 200 kilometres of
China’s border and rail built to access Mongolian
mining operations
● Measured and Indicated resource of 110 million
tonnes grading 0.06% Mo representing 148 million
pounds of contained molybdenum metal
(Minarco-MineConsult, May 2008)
● Significant exploration potential for additional
copper and molybdenum discoveries
● Revised resource estimate and economic
evaluation underway
Senior Management
Peter Akerley
President and CEO
20 years mining and exploration
Ken MacDonald
VP Business Strategy & CFO
30 years financial/accounting
Chris Cowan
Vice President, Asia
45 years mining and exploration
Mark Davies
Vice President, Erdene Materials
25 years construction aggregates
“ Erdene remains focused on creating value by prudently advancing its core commodity projects.
Our strong cash position will enable the company to fully fund its projects through to 2011 and guided by
a strong management team, remain opportunistic in this time of economic slowdown.”
Peter C. Akerley, President and CEO
DONKIN Coal
● Partnered with Xstrata Coal (75% Xstrata/25% Erdene)
● Located proximal to infrastructure, coal fired power plants and
a marine transport coal loading facility in Nova Scotia, Canada
● A 227Mt Indicated and 254Mt Inferred high volatile “A”
bituminous coal resource
● Feasibility study underway on an evaluation and development
program utilizing a continuous miner – the program is an
interim step in assessing the viability of a large scale
longwall mining operation
● Project received environmental approval in December 2008

http://www.erdene.com/assets/pdf/Erdene%20FS_Q42007_v93_Scre…

[tradepunk]

Beide Projekte sind bereits recht weit fortgeschritten. Zum Donkin-Coal-Projekt heißt es dazu von ERDENE folgendes:

Project Synopsis

The Donkin Coal Project is located on tidewater in Cape Breton, Nova Scotia, Canada. The project is strategically positioned for the transport of the high quality Donkin coal to local markets and the growing market along the U.S. eastern seaboard and Europe. It is also located proximal to infrastructure, coal fired power plants and a marine transport coal loading facility, which allows transportation via rail to the international coal port within 60 kilometres of the Donkin Coal Project.

In April 2007, Erdene received a National Instrument 43-101 compliant resource for the Donkin Coal project from McElroy Bryan Geological Services. The report identified a 227Mt Indicated and 254Mt Inferred high volatile A bituminous coal with over 14,000 BTUs , high sulphur, low ash and low moisture. To view a copy of the resource report click here for the MBGS Report.

In November 2007, the DCA received an independent Preliminary Assessment Study (“PAS”) by Norwest Corporation’s (“Norwest”). The PAS was a study into the business case for a continuous miner development and longwall (“LW”) extraction coal mine at the Donkin project. The PAS’s base case scenario returned a net present value (NPV) for the project of US$194M (or US$49M for Erdene’s 25% interest) using a coal price of US$52/tonne. The proposed mine has a projected life of 30-plus years, producing approximately 108 million tonnes of run-of-mine coal. The initial target market for this product will be domestic and export thermal coal for power generation. To view a copy of the PAS report click here.

The Norwest PAS should be considered preliminary in nature based on the inclusion of inferred resources that are considered too speculative geologically to have the economic considerations applied to them that would enable them to be categorized as mineral reserves. Until there is additional information to upgrade the inferred resources to a higher category, there can be no certainty that the preliminary assessment will be realized.

On October 29, 2008 an Environmental Assessment report for the Program was registered with the Province of Nova Scotia’s Environment Department. On December 18, 2008 the Minister of Environment released a decision approving the undertaking in accordance with Section 13(1)b of the Environmental Assessment Regulations, pursuant to Part IV of the Environment Act. The undertaking has been approved subject to a number of conditions. All of the related project documents can be viewed on the Nova Scotia Department of the Environment’s website by clicking here.

http://www.erdene.com/projects40/donkin41b1.php

[tradepunk]

In einem anderen Explorer-Board (GXS) hatten wir auch überlegt, was man zur Wertberechnung als Maßstab nehmen könnte und kamen da zu einem In-Ground-Value von 0,50-5,00 $, mit einem überwiegenden Konsens bei 2,00 $.

[tradepunk]

Hier wird in der Preliminary Assessment Study (“PAS”) von Norwest Corporation’s zugrunde gelegt, daß 108 Mio. Tonnen aus der zu erbauenden Mine "rausgeholt" werden können. Nach "unserer-GXS-Faust-Formel", kämen wir auf einen Projektwert von 216 Mio.$ bzw. 54 Mio. $ für ERDENE.

Die Annahme in der GXS-Rechnung war offenbar nicht schlecht, wenn hier die Profis genauso rechnen!

[tradepunk]

108 Mio.? - In einer, ersten Mine!

Denn im NI 43-101 heißt es: The report identified a 227Mt Indicated and 254Mt Inferred high volatile A bituminous coal with over 14,000 BTUs

Also dürfte der anteilige Projektwert für ERDENE eher noch deutlich höher liegen.

[tradepunk]

Die Einschätzung von "a coal price of US$52/tonne" dürfte langfristig eher zu konservativ sein!

[tradepunk]

Bei der Kohle im Donkin-Coal-Project handelt es sich um sehr hochwertige, mit einem BTU-Wert von 14.000!

[tradepunk]

Ein scheitern des Projektes scheint mir in Anbetracht der Fortgeschrittenheit und dem 75%-Partner XSTRATA nehezu ausgeschlossen!

[tradepunk]

[tradepunk]

[Jimmy_Bishop]

!

Dieser Beitrag wurde moderiert. Grund: Spammposting

[tradepunk]

Guten Morgen @all!

Bin mal auf die ersten echten Umsätze in D gespannt. Ein Spread von fast 18% ist dann ja doch ein bisschen albern (Frankfurt derzeit: 0,169-0,199). Pari wären aktuell 0,178 €!

Wünsche allen eine schöne Woche!

tradepunk

[tradepunk]

Eine ganz hilfreiche Seite: Überblick der Rohstoffpreise ! (Danke donni! )

http://www.empr.gov.bc.ca/Mining/MineralStatistics/Market/We…

[tradepunk]

[tradepunk]

Je mehr ich mich mit ERD beschäftige, desto besser gefällt mir die Company!

Mit der jetzigen MK von rd. 25 Mio.C$ bei einem Kurs von 0,28 C$ ist ERD deutlich unterbewertet, wenn ich nur die 17 Mio. Cash und das Donkin-Coal-Project nehme. Für ERDENEs 25% Anteil in diesem Projekt mit XSTRATA wird von unabhängiger Seite ein, sehr konservativ gerechnter, Wert von 49 Mio. US-$ (=52,6 Mio.C$).

Somit würden allein diese zwei Punkte einen Kurs von 0,78 C$ rechtfertigen!

[tradepunk]

In nächster Zeit dürfte aber auch und gerade das Zuun Mod Molybdenum-Projekt interessant werden:

Commodity: Molybdenum (Copper, Rhenium)
Location: Southwestern Mongolia, 200km from China
Resource: 110 Mt at 0.06% Mo (Measured + Indicated)
Market: China and Asia
Ownership: 100%

[tradepunk]

Hierzu heißt es von ERD:

Project Synopsis

Located within 200 kilometres of China’s border in Mongolia’s Bayankhongor Province, the Zuun Mod porphyry complex measures 12 kilometres in circumference and hosts broad zones of molybdenum mineralization. In a three-kilometre long portion of the system, referred to as the South Corridor, Erdene identified three mineralized zones known as the Racetrack North (“RTN”), Racetrack South (“RTS”) and the Stockwork zones. Initial drilling of these zones intersected thick intervals of significant mineralization proximal to surface and open at depth.

In May 2008, Erdene established Zuun Mod as one of the largest and most advanced pre-development molybdenum projects in the north Asia region, by receiving an initial National Instrument 43-101 compliant resource for the project from Minarco MineConsult of Sydney Australia.
Minarco MineConsult Resources Estimate Notes:
Effective Date: May 2008.
Mineral Resource estimates are not precise calculations.
Estimates are rounded to appropriate significant figures.
Grade modelling using Datamine Regular Block Model
Mo grade modelling using Multi Indicator Kriging (MIK)
Cu grade modelling using Inverse Distance interpolation (ID)
Contained Metal Mo is indicative only for Mineral Resources.
Contained Metal for Ore Reserves will be less due to application of modifying factors.

Following the release of the resource estimate the 2008 drill program was designed to define localized zones of higher grade mineralization, particularly those nearer surface, and to revise the resource estimate accordingly. A total of 32 new holes were completed and eight holes were deepened, totaling 10,785 metres.

The 2008 program was successful in defining localized higher grade zones and enlarging the overall deposit, both vertically and laterally. The deposit was confirmed to extend to depths exceeding 500 metres over a minimum strike length of 1.7 kilometres while locally coming to within 22 metres of surface. Drilling confirmed several continuous intersections exceeding 350 metres of 0.06% Mo and multiple high grade zones exceeding 50 metres of 0.10% Mo. A map displaying the location of all holes drilled in 2008 and a summary of all results can be viewed by clicking here. Minarco is currently working to revise the May 2008 resource estimate by incorporating the 2008 drilling data.

http://www.erdene.com/projects40/zuunMod42b1.php

[tradepunk]

Bin mal gespannt, wann der Ausbruch von den 0,30 gelingt

[tradepunk]

ZUUN MOD Molybdenum
● Wholly owned and located within 200 kilometres of
China’s border and rail built to access Mongolian
mining operations
● Measured and Indicated resource of 110 million
tonnes grading 0.06% Mo representing 148 million
pounds of contained molybdenum metal
(Minarco-MineConsult, May 2008)
● Significant exploration potential for additional
copper and molybdenum discoveries
● Revised resource estimate and economic
evaluation underway

Diese 148 Mio. pounds haben einen aktuellen Marktwert von etwa 2.005.400.000,-- US-$ bei einem Kurs von 13,55 US-$/pound. (Vor einem Jahr stand der Kurs sogar schon bei 33,-/pound, was einem Gesamtwert von für das ZUUN-MOD-Molybdenum-Projekt von 4,884 Milliarden US-$ entspräche!)

Leider hat die Sache natürlich den kleinen Schönheitsfehler, daß das Moly noch im Boden ist und hier von Endverkaufspreisen die Rede ist.

Bei der Berechnung des Kohlewertes kam man als In-Ground-Value auf rd. 4% des "Straßenpreises". Ich könnte mir vorstellen, daß man bei Moly von mehr als diesen 4% ausgehen kann, da z.B. Faktoren wie "Transport" hier wesentlich günstiger sind und ein Moly-Produzent einen höheren Aufwand betreiben muß, um das fertige Produkt in den Händen zu halten.

Da ich dies aber alles noch nicht weiß, nehme ich als ersten Anhaltspunkt für eine Wertberechnung mal die 4% und den jetzigen Kurs.

Nach dieser Rechnung sind die 148 Mio. pound derzeit 80 Mio. US$ bzw. 85 Mio. Can.$ wert!

[tradepunk]

Da sich hier ja mittlerweile doch einige interessierte Leser eingefunden haben, habe ich eine Bitte an Euch:

Da ich auch nicht DER Fachmann auf diesem Gebiet bin und in so etwas, wie der vorgenannten Rechnung nur Vermutungen aufstellen kann, die nach meinem Verständnis plausibel sind, wäre es schön, wenn jemand "vom Fach" etwas dazu beitragen könnte.

Der Thread soll ja auch dazu da sein, daß wir uns hier gemeinsam ein Wissen zur Materie und der Aktie speziell erarbeiten können!

Ich freue mich auf Eure Beteiligung!

[tradepunk]

Hab noch was zum Moly-Project:

In der im Januar '08 erstellten Moly-Broschüre heißt es bezüglich des NI-43-101:

NI43-101 Independent
Resource Estimation expected
from Minarco Mineconsult in
Q2, 2008
http://www.erdene.com/assets/pdf/Moly%20brochure%20091207.pd…

und in der aktuellen Projektübersicht:

In May 2008, Erdene established Zuun Mod as one of the largest and most advanced pre-development molybdenum projects in the north Asia region, by receiving an initial National Instrument 43-101 compliant resource for the project from Minarco MineConsult of Sydney Australia.
http://www.erdene.com/projects40/zuunMod42b1.php

Also: Selbst gesteckte zeitliche Erwartung mehr als eingehalten. Saubere Arbeit! Bekommt nicht jede Company so hin, obwohl ein NI-Bericht doch für jede Company das erste große Zwischen-Ziel auf dem langen Weg zum Produzenten ist!

[tradepunk]

[tradepunk]

Übrigens, ERDENE hat noch eine "kleine" Besonderheit im Gegensatz zu den meisten anderen Explorern:



und am Ende ist sogar schon Licht zu sehen!

[tradepunk]

Xstrata Coal Canada Increases Ownership in Erdene

Posted by info On September - 16 - 2008

HALIFAX, NOVA SCOTIA, Sep 15, 2008 (MARKET WIRE via COMTEX) — Erdene Resource Development Corp. (”Erdene”) (CA:ERD: news, chart, profile) today announced it was notified that Xstrata Coal Canada (”Xstrata Coal”) has increased its ownership in the company to greater than 5% through the purchase of common shares in the open market.
As a result, Xstrata Coal retains certain rights per its Alliance Agreement with Erdene, including a first option to enter into a joint venture and earn a 75% interest in any coal opportunity in Mongolia identified by Erdene by funding all work through completion of a feasibility study. Erdene is currently conducting drill programs on three coal projects in Mongolia as part of the Erdene-Xstrata Alliance.

Alliance Agreement between Erdene and Xstrata Coal
On February 13, 2006, Erdene and Xstrata Coal entered into an agreement (”Alliance Agreement”) whereby Erdene granted Xstrata Coal certain rights, including a first option to enter into a joint venture and earn a 75% interest in any coal opportunity in Mongolia identified by Erdene by funding all work through completion of a feasibility study and by maintaining a minimum 5% equity position in Erdene. In addition, by maintaining the 5% equity interest Xstrata Coal have the right to name a nominee to Erdene’s board of directors and if Erdene elects to develop or pursue third party participation in any non-coal projects or properties in Mongolia or elsewhere, Xstrata Coal has a sixty-day right to review all supporting project information and determine whether it wishes to participate in the project prior to Erdene making the opportunity available to another party or developing the property itself. Concurrent with the execution of the Alliance Agreement, and through a subsequent financing Xstrata acquired 4,000,000 shares of Erdene. Following a private placement by Erdene in June of 2008, Xstrata’s interest in Erdene was diluted to less than five percent (5%).

About Erdene Resource Development Corp.
Erdene (formerly Erdene Gold Inc.) is a diversified resource development company with multiple projects at various stages of development from exploration to production all focused on high-growth commodities. The Corporation has a strong portfolio of exploration properties in Mongolia where it has a strategic alliance with Xstrata Coal to develop its coal properties and a strong focus on base metals (copper and molybdenum), precious metals (gold) and energy (coal). Minarco-MineConsult, of Sydney, Australia, has recently completed a National Instrument 43-101 compliant independent resource estimate for the Zuun Mod molybdenum project and is currently working on a scoping study on the project. In addition, Erdene has near-term cash flow opportunities in its North American assets, which include a 25% interest in the Donkin Coal Alliance with Xstrata Coal, agreements with KaMin LLC (formerly J.M. Huber Corporation) and Ready Mix USA as operators and developers in the southeast U.S. for its kaolin clay and construction aggregate projects, respectively. Erdene has a cash position of approximately $21.1 million with 89.2 M common shares issued and outstanding and a fully diluted share position of 98.6 M common shares.

Contacts:
Erdene Resource Development Corporation
Peter C. Akerley
President and CEO
902-423-6419

Erdene Resource Development Corporation
Ken W. MacDonald
Vice-President North America and CFO
902-423-6419
[e-mail]
www.erdene.com

SOURCE: marketwatch.com

http://www.business-mongolia.com/mongolia-business/xstrata-c…

[tradepunk]

Die Partnerschaft mit XSTRATA ist genial! Da XSTRATA quasi alle anfallenden Kosten bezahlt, erklärt sich so auch die niedrige Cash-Burn-Rate!

[tradepunk]

Antwort auf Beitrag Nr.: 38.126.619 von tradepunk am 06.10.09 20:01:38

Und mit so einem starken Partner an der Seite sind die notwendigen Schritte auf dem Weg zum Producer (z.B. Umweltstudien, behördliche Genehmigungen) auch leichter, schneller, professioneller zu bewältigen!

[tradepunk]

Bei der Aufzählung der Werte, darf auch Advanced Primary Minerals Corporation (APD-V) nicht fehlen, eine börsennotierte "wholly owned subsidiary" von ERD.

Derzeitige Bewertung:

Net Shares Out: 28.743 million
Float Quoted Market Value: 1.437 million

http://cxa.marketwatch.com/tsx/en/market/quote.aspx?symbol=A…

[tradepunk]

Details zur APD-Entstehung: http://investor.shareholder.com/erd/releasedetail.cfm?Releas…

[tradepunk]

Der Widerstand bei 0,32 wurde heute durchbrochen. Kurzfristiges KZ sind dann zunächst 0,39!

Chart Indicators
Ind. short Inter Long
EMA VBu VBu VBu
MACD VBu VBu VBu
RSI Bu
TDD Bu
Fibs Bu Bu Bu
Highs N Be N
Lows N VBu N
Trends N N N
Stoch. N
VBu=Very Bullish, Bu=Bullish
N=Neutral
Be=Bearish, VBe=Very Bearish

Support/Resistance
Type Value Conf.
resist. 0.32 4
supp 0.31 2
supp 0.30 5
supp 0.30 16
supp 0.29 5
supp 0.28 2
supp 0.27 15
supp 0.26 7
supp 0.26 4
supp 0.25 8
supp 0.24 5
supp 0.23 2
supp 0.23 3
supp 0.22 3
supp 0.20 21

Analysis Overall Short Intermediate Long
Bullish (0.35) Neutral (0.19) Bullish (0.46) Bullish (0.39)

http://www.stockta.com/cgi-bin/analysis.pl?symb=ERD.C&num1=5…

[tradepunk]

Sieht vielversprechend aus! Schöner Aufwärtstrend (und auch von gutem Volumen getragen; heute auch wieder über 900.000 gehandelte Stücke!)

[tradepunk]

Schlußkurs 0,335! Tageshoch schon bei 0,36!

Seit Threaderöffnung ist die Aktie in der Spitze bereits um 28,57% gestiegen!

Nach dem sehr gelungenen Start, denke ich, daß die "0,30-Marke" mittlerweile als Unterstützung gesehen werden kann.

Doch Chartlinien sind hier nebensächlich; in erster Linie geht es um die hevorragenden Fundamentals (über 16 Mio. Cash, Schuldenfrei, Near-Term-Coal-Producer in Canada, 2.größstes Molybden-Vorkommen von Asien in der Mongolei und die aktuell dort verbesserten steuerlichen und gesetzlichen Rahmenbedingungen). Das die Firma in der Lage ist, ihre eigenen hochgesteckten Ziele zu erreichen, hat sie in der Vergangenheit bereits bewiesen.

Über die weitere Entwicklung wird man sich, denke ich, freuen können...

So, jetzt habe ich fünf Seiten Fakten zusammengetragen. Wer möchte und gelesen hat, kann jetzt gute Grundkenntnisse über ERDENE haben. Ich würde mich freuen, wenn wir hier demnächst eine rege und angenehme Diskussion mit vielen netten Leuten zusammen bekommen würden und News und Infos zur Company, ihrem Werdegang und allgmein zum Thema austauschen können.

Da ich ja keine Selbstgespräche führen möchte, werde ich ansonsten jetzt "ruhiger" mit meiner posting-anzahl. Ich melde mich wieder, wenn mir etwas imo wichtiges ein- oder auffällt oder es News von ERDENE gibt. Oder natürlich, wenn hier jemand etwas besprechen oder wissen möchte!

Bis demnächst und gute Nacht allen stillen Lesern,

tradepunk

[tradepunk]

Mal eine Einschätzung zu "unserer" großen Schwester:

05.10.2009 13:29
RBS hebt Ziel für Xstrata von 1.050 auf 1.200 Pence - 'Buy'

Die Royal Bank of Scotland (RBS) hat das Kursziel für Xstrata von 1.050 auf 1.200 Pence angehoben und die Einstufung auf "Buy" belassen. Analyst Tim Huff hob in einer Branchenstudie vom Montag die Preisprognosen für alle Basismetalle, am stärksten für Kupfer und am geringsten für Aluminium an. Die Gewinnprogosen je Aktie für Bergbauunternehmen bis 2011 stiegen daher um durchschnittlich 45 Prozent. Mit Blick auf das Jahr 2010 liege der Fokus vor allem auf Vedanta und Xstrata. Beide dürften zusätzlich von Kostensenkungen und steigenden Absatzvolumina profitieren. Auch erscheine die Bewertung des Titels vergleichsweise günstig.

AFA0083 2009-10-05/13:27


© 2009 APA-dpa-AFX-Analyser

http://www.finanznachrichten.de/nachrichten-2009-10/15119056…

[tradepunk]

Antwort auf Beitrag Nr.: 38.132.362 von tradepunk am 07.10.09 15:43:38

Und zum Kupferpreis: An einem riesigen Kupferprojekt ist ERD ja auch noch dran! Auch wenn diesbezüglich die heutigen Kupferpreise noch nicht so sehr interessieren, zeigt sich doch täglich, daß die Rohstoffpreise steigen (und weiter steigen werden).

[tradepunk]

ERDENEs Erdenet Project
Commodity: Copper (Molybdenum)
Location: North-central Mongolia
Target: Extension of Erdenet Copper Mine
Market: China and Asia
Ownership: 100%



Erdene is currently concentrating its exploration efforts in the Tsagaan Chuluut area of the property located four kilometres northwest of the EMC open pit. The first of two planned drill holes has been completed and Erdene will be drilling the second hole in the second quarter of 2009.
Project Synopsis

Erdenet is a highly prospective land package within a major copper porphyry district in northern Mongolia. Spanning 72 square-kilometres, the Erdenet property surrounds the Erdenet Mining Corporation copper/molybdenum mine, which is the second largest porphyry copper deposit in Central Asia and one of the largest in the world.

Erdene has carried out a staged exploration program for extensions of the copper-molybdenum mineralization on its Erdenet property. To date, the drilling results have indicated the extension of both near surface oxide and deeper sulfide porphyry copper mineralization.

http://www.erdene.com/projects40/Erdnet42c1.php

[tradepunk]

Antwort auf Beitrag Nr.: 38.132.486 von tradepunk am 07.10.09 15:53:19

Man beachte: Target: Extension of Erdenet Copper Mine

Die Mine muß nicht komplett neu erschaffen werden! Es wird ein Ausbau / eine Erweiterung der bereits vorhandenen Mine durchgeführt!

[tradepunk]

Uuupps! Daß sie jetzt soooo groß ist....

[tradepunk]

Die ganze Bilderserie gibt's hier:

http://www.erdene.com/projects40/galleryErdnet/mapsPhotos42c…

[tradepunk]

Also die weitere Umgebung des Zuun-Mod-Projekts:

Project Synopsis

Located within 200 kilometres of China’s border in Mongolia’s Bayankhongor Province, the Zuun Mod porphyry complex measures 12 kilometres in circumference and hosts broad zones of molybdenum mineralization. In a three-kilometre long portion of the system, referred to as the South Corridor, Erdene identified three mineralized zones known as the Racetrack North (“RTN”), Racetrack South (“RTS”) and the Stockwork zones. Initial drilling of these zones intersected thick intervals of significant mineralization proximal to surface and open at depth.

In May 2008, Erdene established Zuun Mod as one of the largest and most advanced pre-development molybdenum projects in the north Asia region, by receiving an initial National Instrument 43-101 compliant resource for the project from Minarco MineConsult of Sydney Australia. The Zuun Mod resource report can be viewed by clicking here.

[tradepunk]

[Merlin1970]

Dein neuster Beitrag ist aber etwas kurz ausgefallen

[tradepunk]

Antwort auf Beitrag Nr.: 38.159.146 von Merlin1970 am 12.10.09 14:16:15

Grüß Dich Merlin,

na ja, was soll ich sagen? Mit der Aufbereitung und Aufzählung der (mir) bekannten Fakten war ich soweit erstmal durch. Und da mein Wunsch, ein bisschen Leben in den Thread zu bekommen, sich bisher noch nicht so recht erfüllt hat, warte ich jetzt halt auch auf News über das weitere Procedere bei ERDENE.

Aber, wenn Du möchtest, können wir uns hier sehr gerne weiter über die m.E. hervorragenden Aussichten der Company unterhalten. Natürlich sind jederzeit auch Fragen willkommen, die ich gerne so gut wie möglich beantworten werde.

LG, tp

[mike32]

Antwort auf Beitrag Nr.: 38.159.353 von tradepunk am 12.10.09 14:49:16

Moin,

+11 %

gruss mike

[tradepunk]

Da im GXS-Board derzeit über die Präsentation der eigenen Company in Asien gesprochen wird, möchte ich das Thema hier auch aufgreifen:

ERDENE wird auf dem AsiaMiningCongress2009 im Dezember (1.-3.) vertreten sein und dort seine Projekte ins Licht der Öffentlichkeit rücken. Da ERD Projekte in direkter Nachbarschaft in der Mongolei hat, ist es m.E besonders wichtig/sinnvoll, sich auf dieser Veranstaltung zu präsentieren.

http://www.miningasiaonline.com/index.asp

Natürlich hoffe ich, daß es bis dahin noch News und Details zur weiteren Entwicklung geben wird, aber im Großen und Ganzen ist das geplante Programm zur eigenen Präsentation bereits auf der HP einsehbar und für jeden Explorer-Interessierten ein "must":

http://www.erdene.com/assets/pdf/ErdeneInvestorPresentation_…

[tradepunk]

Antwort auf Beitrag Nr.: 38.194.477 von mike32 am 16.10.09 16:13:45

Aktuell schon bei 0,31! Und sogar unter "gscheiten" Umsätzen!

[tradepunk]

Hmm! Krieg die Auszüge aus der pdf-Präsentation nicht hier reinkopiert!

Man beachte z.B. die Seite 22!

Während Anderorts über die Kohlemengen und -werte spekuliert wird, gibts diese hier bereits bunt auf weiß, NI-Konform und sogar bereits unabhängig bewertet!

[tradepunk]

Antwort auf Beitrag Nr.: 38.194.615 von tradepunk am 16.10.09 16:27:50

Damit das hier nicht falsch verstanden wird: Den anderen Wert halte ich auch für gut und unterbewertet. Aber ERD, finde ich im direkten Vergleich wesentlich besser, u.a. da

1. man mehrere Projekte hat
2. die wichtigsten Projekte bereits in einem fortgeschritteneren Stadium sind (NI, PAS)
3. man in XSTRATA einen (finanz-)starken Partner hat
4. bezüglich des Kohleprojektes, die bestätigten 481 Mio. Tonnen eine deutlich höhere Qualität aufweisen
5. es sich hierbei um eine "bewährte" Liegenschaft mit vollständiger Infrastruktur handelt
6. es sich bei dem Moly-Projekt um das 2.größte Vorkommen Nord-Asiens handelt
7. dieses wiederum an Chinas Grenze eine strategisch hervorragende Lage hat
8. ERD derzeit sogar eine noch niedrigere MK aufweist
9. man noch mind. 16 Mio. working capital hat
.
.
.
(erhebt keinen Anspruch auf Vollständigkeit; Ergänzungen willkommen)

[tradepunk]

Lustige Umsätze! Entweder gar nix oder gleich die fetten Blöcke!

Sieht nicht nach Kleinzockern aus.

Wünsche allen ein schönes Wochenende,

tp

[tradepunk]

Aus dem Gulfside-Board, die Mongolei-Aktivitäten betreffend:

#54971 von SkydivePullout Benutzerinfo Nachricht an Benutzer Beiträge des Benutzers ausblenden 25.10.09 18:22:43 Beitrag Nr.: 38.249.097
Dieses Posting: versenden | melden Diskussion drucken

Das war der Beitrag, was ist daran verwerflich?
Nur weil er nicht von mir ist, aber mit Zustimmung verbreitet werden durfte?

Sehr geehrte Kohleinteressierte!

Wahrscheinlich kennen die meisten von euch Gulfside Minerals aus vergangen Jahren.Jetzt scheint die Aktie wieder mehr als interessant zu sein. Es gab die lang erwarteten News mit Approval der Tsx über das PP in Höhe von
3 mio.$$ Die Aktie ist die letzte Woche extremst unter Druck geraten.Den ein oder anderen Investor hat wohl das Vertrauen verlassen,weil das approval etwas länger auf sich warten lies.Dazu ist es Einem gewissen BB-Schreiber ein sehr grosses Anliegen GMG am Boden zu sehn. Es würde in den letzten drei Tagen Can. immer wieder grosse Blöcke ins Bid geworfen,mir kann nicht erzählen,dass da keiner short ist,denn verkaufen tut man anders...
Nachdem GMG nun auf auf 0.43$ geprügelt wurde,meldete sich der gute BMO auf einmal bei W.O. (wo eigentlich keine BB-Schreiber schreiben dürften...) Er schreibt dass er den short jetz bald schliessen würde,weil er anscheinend eh kein Interesse mehr daran hat... Er macht sich förmlich lustig über GMG,meint,dass das PP nie und nimmer zu 1.05 geclosed wird... Dann geht er auch noch auf die geplante Bohrung ein,und meint dazu,dass es im Winter nicht möglich wäre zu bohren... Was natürlich absoluter Blödsinn ist,is sogar einfacher als auf und in weichen Böden... Na ja,kurz darauf kam von Gulfside die lang erwartete News.PP geclosed zu 1.05!!! Und Ankündigung des Bohrbeginns ;-)

Kurz darauf legt sich BMO in allen Foren ins Zeug um an GMG kein gutes Blatt zu lassen,aber M.M. nach vergeblich,und nur mehr peinlich... Ich kann natürlich nicht beweisen das noch jemand gross short ist,aber warum betreibt ein BB-Schreiber solch einen Aufwand um einen Wert,der ihm nach eigener Aussage nicht mal mehr interessiert?! Und dann noch sein ganzes Gefolge die schon seid 2 1/2 Jahren versuchen gmg schlecht zu machen... Da gibt es einige,die 24Stunden aktiv und nur zu diesem wert schreiben,obwohl sie nach eigener Aussage nicht einmal investiert sind... Sie sind anscheinend der gute Geist der Börse,Samariter... aber warum nur bei diesen einen Wert?? Naja,da kann sich jeder seine Gedanken selber machen

Jetzt zu den Fakten:

GMG is Besitzer 5% vom Monsterkohlefeld Erdenet in Mongolia,und es läuft momentan ein Schiedsgericht verfahren wo GMG um weiter 44% kämpft.Es gibt einen abgeschlossenen NI zu dem Feld,wo ca 1.2 MILLIARDEN TONNEN,ja Milliarden Tonnen nachgewiesen wurden... alleine die 5% würden 110 mio. Tonnen bedeuten. Jetzt fragt ihr euch vielleicht wieso nur 5%.Ganz einfach,der Mongolische Vertragspartner wurde vertragsbrüchig (wie GMG auch in einer News klarstellt)daher auch das Verfahren... Die 5% wurden GMG in letzter Instanz vom höchsten Mongolischen Gericht schon zugesprochen!! Daher gibt es für mich auch keinen Zweifel,dass das Schiedsgericht(übrigens in London) für GMG entscheiden wird... Somit stehen die Chancen für GMG auf die 49% sehr gut...

Um nochmal klar zu machen,was dieses Feld wert is: BMO meinte früher immer das dieses Feld irgendwo im Niemandsland der Mongolei liegt,und dort nur Gänseblümchen wachsen würden(So hat er es geschrieben LOL)
das dem nicht so ist,dafür spricht schon der NI ;-)
Jetz Hat vor kurzen noch Peabody/Polo Res. eine News veröffentlicht(immerhin einer der 5 grössten Miningkonzernen der Welt!!!!),wo man sieht wie in interessant dises Feld ist.Es wurde eine Karte veröffentlicht,wo man sieht das Peabody/Polo Res. GMG im Monsterkohlefeld umzingelt hat... Die news folgte einen Tag nach dem klar wurde,dass GMG die 5% fix hat,un somit einem fuss im Feld.Für mich persönlich steht ausser Frage,dass Peabody/Polo Res. den Mongolen ein Angebot machte,das er nicht abschlagen konnte.Da wurde dann alles meschenmögliche versucht gmg raus zu drängen... Wie gesagt,es ist nicht gelungen,und somit von unschätzbaren Wert für GMG

Hier nun die Karte um die es sich handelt:

Auf Seite 3.
http://ww1.investorrelations.co.uk/polo/uploads/...Statement…

Dies ist momentan eigentlich nur der Nebenschauplatz,denn das Hauptaugenmerk liegt zur Zeit auf Onjuul,auch in der Mongolei,wo sich momentan viele Grosse Firmen versuchen zu positionieren ;-)

Auf dem Onjuul-Feld liegen laut russischen Gutachten aus vergangenen Jahren (sind auf Grund kleinerer Bohrtiefen eher sehr konservativ) - 232 Millionen Tonnen in der mongolischen P1 Kategorie - 1017,9 Millionen Tonnen in der P2 Kategorie - 271,4millionen Tonnen in der P3 Kategorie KOHLE!!

Und jetzt noch ein Hammer,die Messungen sind erst auf 25% des Feldes durchgeführt worden!!!Es wurden damals auch nur 15 Löcher gebohrt in einer Gesamt tiefe von 917,5 m !! 20 weitere stehen an,mit 200m Tiefe/Loch oder mehr, je nach Bedarf!!!

Hier gibt es ein unglaubliches Potenzial,bis zu 6 mrd.Tonnen Kohle und mehr.... GMG hat mit dem Approval des PP´s das Geld um den NI-Report zu finanzieren,und der wird M.M. nach gewaltig ausfallen.

Wie gesagt,PP zu 1.05...Kurs momentan 0.44 in Can,eventuell grosse Shortpositionen... Ich denke die Chance ist kaum zu übersehen...

Lest euch die News der Tsx und auf Sedar durch,sehr interessant.... und lasst euch nicht von dummgeschwafel der Basher einlullen,die probieren es jetzt schon seid einer Ewigkeit mit der selben Leier... Den Kurs zu drücken ist Ihnen auch gelungen,aber jetzt wurden sie mit der letzten News auf dem falschen Fuss erwischt... Momentan ist auf diesen Level eine unglaubliche Einstiegschance,die ich ehrlich gesagt so nicht mehr für möglich gehalten habe ;-)

Wie gesagt,macht Euch ein Eigenes Bild über die Sache,lest Tsx-news und Sedar!! Ich will hier niemanden zum kauf auffordern,nur auf eine(in meinen Augen) unglaubliche Chance aufmerksam machen...

Nochmal der hinweis auf Risiko,GMG is ein explorer,die werden mit der Risikostufe 4 bewertet,also die höchste...
Falls jemand investieren will,immer mit bedacht und vorsicht... never all in!!!

skidude ;-)


(Habe leider auch keine Quelle, von wem das ursprünglich ist.)

[tradepunk]

Nur um mich mal wieder zu melden: Es gibt gerade noch nichts neues von ERDENE*. Nicht daß man glaubt, ERD geriete wieder in Vergessenheit.
Im Gegenteil meine ich eigentlich, daß langsam mal wieder NEWS fällig wären. Und solche waren in der Vergangenheit immer positiv, da sie doch jeweils den weiteren Fortschritt des Unternehmens kommunizieren. Möglichkeiten, was aktuell alles anstehen könnte, gibt es ja genug...



*Außer, daß evtl. anderswo in diesem Sektor enttäuschte Leute hier einsteigen/aufstocken kommen werden...

[tradepunk]

Dürfte gleich ne schöne Eröffnung geben...

[tradepunk]

Antwort auf Beitrag Nr.: 38.365.875 von tradepunk am 11.11.09 15:20:30

.34!

[tradepunk]

Antwort auf Beitrag Nr.: 38.366.082 von tradepunk am 11.11.09 15:41:12

.35!

[tradepunk]

Holla, da kommt ja langsam richtig leben rein! Aktuell bei .39 mit rd. ner 1/2 Mio. Umsatz!

[tradepunk]

Da könnte man mal langsam den Chart brauchen

[tradepunk]

Was ist denn jetzt los? Wahnsinnsumsätze!

Last Ten Trades
Time Price Shares Change
12:03 0.390 1,000,000 0.060
11:40 0.395 2,000 0.065
11:39 0.390 18,000 0.060
11:34 0.390 100,000 0.060
11:06 0.390 50,000 0.060
11:06 0.390 50,000 0.060
10:58 0.400 250,000 0.070
10:53 0.385 3,000 0.055
10:53 0.390 3,000 0.060
10:53 0.400 5,000 0.070

1 Mio. mal eben so am Stück!

[tradepunk]

Ich kenn Kohlewerte mit ähnlichen MKs, da werden 1000 Stück-Umsätze seitenlang diskutiert und entweder beschimpft oder gefeiert, als wäre es weiß nicht was!

[tradepunk]

Wer ist hier eigentlich außer mir an ERDENE interessiert (und auch investiert)?

[tradepunk]

Maue Umsätze heute. Bröckelt grad erstmal etwas ab...

[tradepunk]

Dafür gehts heute mal wieder beim "kleinen Bruder" bergauf. War auch langsam zu erwarten, nach dem herben Absturz bei GXS in den letzten Tagen!

[tradepunk]

Hm? Die 20k gerade waren mein Kauf. Warum erscheinen die im Chart als roter Balken?

[tradepunk]

Antwort auf Beitrag Nr.: 38.377.304 von tradepunk am 12.11.09 19:56:44

Denkfehler! Hätte ich nicht so sparsam limitiert, sondern aus dem Ask gekauft, wäre es ein blauer Balken.

Egal, danke jedenfalls an den Verkäufer!

[tradepunk]

(...) Many resource companies (and investors) celebrated last week as Mongolia's new government made sensible changes permitting projects to move ahead, pumping new energy into public companies operating in that country. With these events, some coal companies have seen large gains in their respective stock markets; many have not yet realized gains.

Erdene Resource Development Corp. (ERDCF.PK), which has both coal and copper/moly projects in the region, was more than a little excited to get the news that Mongolia's legislature had repealed its windfall tax on copper and gold. Erdene has two projects with resource estimates in Mongolia, the Zuun Mod, with resource of 230 million pounds moly and another 245 million pounds copper in inferred, indicated and measured categories.

Report on Business wrote last week:

The hefty tax contributed to protracted negotiations for an investment agreement as Ivanhoe and Rio balked at the proposed levy.

Yesterday, under pressure from Mongolia's financially struggling citizens who are reportedly 80-per-cent in favour of allowing the Oyu Tolgoi project to proceed, many of those same legislators voted to cancel the windfall profits tax by 2011. Mongolia will take a 34-per-cent share in the project, well below the 50-per-cent stake that some legislators had recently been seeking.

Ivanhoe advanced by almost $2.50 per share to $11.85 on Thursday. By close on Friday, its shares on the TSX had reached $12.25.

Long-delayed projects have been getting the green light in a number of developing countries amid the economic downturn. In April, Argentina and Chile agreed on a tax structure that gave Toronto gold giant Barrick Gold Corp. permission to build the massive Pascua-Lama project that had been in limbo for years.

Erdene also has the Donkin Coal deposit in Mongolia, with almost 500 million tonnes coal in the inferred and indicated categories.

Spot prices for coking coal surged last week to $160 a tonne, up almost 40% in the last three months and the highest in 12 months. Bank of America-Merrill Lynch recently raised its forecast for coking coal annual contract prices to $140 a tonne next year, up from $129 this year. Thermal coal spot prices have risen too, trading at $75 a tonne, up 25% from March’s low of $60 a tonne.

Erdene's deposit is ranked primarily in the latter category.

The company's CFO, Kenneth MacDonald told me that China would probably be the company's main buyer, should a mine be built. "We're about 175 kilometers by rail from China's steel industry," he told me. "Now that the windfall tax has been repealed and three other laws have been ammended, it looks to us like they're listening now."

For Erdene, the timing couldn't have been better. The company still had $16.3 million in the bank in August, and its new 43-101 report on Zuun Mod signified an almost 40% increase in the value of the metals in the ground.

"Molybdenum has doubled in the last few months. Copper is at an annual high. The coal industry is as strong as ever. Now we're looking for a major partner, possibly a mining company or a customer," MacDonald told resourceINTELLIGENCE TV.

Thermal coal is still well below last year’s record of more than $180 a tonne, but the pressure could be growing.

http://seekingalpha.com/article/159341-three-coal-investment…

[tradepunk]

Ich bin mal sehr gespannt, was uns die nächsten NEWS bringen. Beste Voraussetzungen an allen Fronten sind gegeben...

[tradepunk]

Antwort auf Beitrag Nr.: 38.377.830 von tradepunk am 12.11.09 21:13:13

Und die jetzige Bewertung ist ein Witz. Verglichen mit z.B. GXS könnte ERD locker zehn mal so hoch wie jetzt stehen!

- 500 Mio.Tonnen Kohle (mit 14.000er BTU, NI-Bericht, PAS)
- 230 Mio.Tonnen Moly
- 245 Mio.Tonnen Kupfer
- 16 Mio.$ Cash, keine Verwässerungsgefahr, alle Projekte sind bis Ende 2011 finanziert
- Partnerschaft mit XSTRATA, die jetzt nach der Absage der geplanten Anglo-Übernahme wieder genügend Geld für andere Investments frei haben.

[tradepunk]

Bis zu 0,40 ist ausverkauft! Ich hatte in der letzten halben Stunde noch versucht ein bisschen zu kaufen. Aber trotz einem Limit von zuletzt sogar genau 0,40, konnte ich fast nichts mehr ergattern.

[tradepunk]

[Mahenscho]

Hi tradepunk.
Warum gibts heute kein Kurs in Toronto?
Halt?
Viele grüße

[tradepunk]

Antwort auf Beitrag Nr.: 38.384.567 von Mahenscho am 13.11.09 18:24:45

Keine Ahnung! Verschnaufpause? Ruhe vor dem Sturm auf die, erstmal, 0.5? Entspanntere Aktionäre, die schon im WE sind? Oder auf dem jetzigen Level einfach wirklich nichts mehr zu haben?

Aber wenn ich mich z.B. an die Order von mal eben 1 Mio. Stück erinnere, die sogar deutlich über dem zuletzt davor bezahlten Kurs lag, gehe ich schon davon aus, daß hier in den nächsten Tagen mal wieder eine NEWS kommt.

[Mahenscho]

Antwort auf Beitrag Nr.: 38.384.875 von tradepunk am 13.11.09 18:59:19

Ok danke.
Der Chart sieht auch gut aus...
Machst ne gute Arbeit hier.
Super informativ...

[tradepunk]

Antwort auf Beitrag Nr.: 38.385.106 von Mahenscho am 13.11.09 19:27:03

Vielen Dank! Ich gebe mir Mühe.

Manchmal habe ich bei meinen Threads inzwischen aber auch das Gefühl, daß ich die Leser eher mit zu vielen Informationen zuballere und deshalb dann keiner mehr etwas dazu schreibt. Obwohl ich ja weiß, daß hier einige Leute (sei es aus der Freundesliste, sei es aus den anderen Kohlethreads oder beidem) mitlesen und teilweise auch inzwischen hier investiert sind.

Es würde mich sehr freuen, wenn wir hier zu ERD auch nach und nach eine rege und fruchtbare Diskussion entstehen lassen könnten. Viele Augen sehen schließlich immer mehr, als nur die meinigen...

LG, tradepunk

[tradepunk]

Antwort auf Beitrag Nr.: 38.385.687 von tradepunk am 13.11.09 20:32:39

An dieser Stelle auch viele Grüße an TimLuca!

Ich schätze Deine Beiträge immer sehr und hoffe auf Deine baldige "Freilassung"! (Aber bitte ohne solche, wenn auch von diesem absichtlich provozierten, Ausraster wie gegen den Foren-Thor!)

[tradepunk]

Tja, mehr als die 11.900 Stück Tagesumsatz sinds nicht mehr geworden. Ich werde mal versuchen herauszubekommen, wieviele Aktien hier bereits in festen Händen sind. Sonderlich viele der gerade mal 89 Mio. dürften es wahrscheinlich nicht sein.

Ich wünsche allen Interessierten, Investierten und sonstwie Mitlesenden ein schönes Wochenende.

LG, tradepunk

P.S.: Vielleicht wollte auch nur keiner am Freitag dem 13. etwas kaufen oder verkaufen?

[Ahorne]

Antwort auf Beitrag Nr.: 38.378.190 von tradepunk am 12.11.09 22:15:04

Hallo Tradepunk bin über diesen Trade gestolpert.

Du schreibst, dass keine Verwässungersgefahr besteht.
Für mich ein wichtiges Thema. Kannst Du das weiter erläutern?
Kann die Firma nach 2011 aus dem CashFlow produzieren?

Kennst Du die Philosophie des Management zu diesen Thema?

Kennst jemand die akutelle Anzahl von full diluted share?

Besten Dank
Ahorne

[Ahorne]

Antwort auf Beitrag Nr.: 38.401.016 von Ahorne am 17.11.09 10:46:02

Habs selber rausgefunden

Noch zwei Fragen:

Kann die Firma nach 2011 aus dem CashFlow produzieren?
Kennst Du die Philosophie des Management zu diesen Thema?


Shares Outstanding: 89.2 million
Shares Fully Diluted: 94.7 million

i n v e s t o r fact sheet
3rd Quarter 2009
http://www.erdene.com/assets/pdf/ErdeneFactSheet_Oct2009_v31…

[tradepunk]

Antwort auf Beitrag Nr.: 38.401.080 von Ahorne am 17.11.09 10:54:27

Hallo Ahorne,

Ob die Firma nach 2011 aus dem CashFlow produzieren kann, weiß ich natürlich auch nicht definitiv. Aber ich denke, die Chancen stehen hier äußerst gut.

ERDENE hat mehrere sehr interessante Projekte, die jeweils schon sehr weit fortgeschritten sind.

Das zunächst wichtigste ist sicherlich das Donkin-Coal-Projekt. Hier sehe ich die schnellste Möglichkeit innerhalb relativ kurzer Zeit hohe Einkünfte erzielen zu können.

Bei diesem Projekt ist man zwar "nur" 25%-Partner. Aber gerade durch den 75%-Anteil von XSTRATA dürfte eine hohe Sicherheit gegeben sein, daß das Projekt auch "durchgezogen" wird. Der kleine Nachteil, daß ERDENE nur 25% besitzt relativiert sich mit einem Blick auf die Dimension auch schnell. Immerhin geht es hier um "a 227Mt Indicated and 254Mt Inferred high volatile A bituminous coal with over 14,000 BTUs, high sulphur, low ash and low moisture."

Laut der "Independent Preliminary Assessment Study (“PAS”) by Norwest Corporation’s (“Norwest”)" wird hier "a net present value (NPV) for the project of US$194M (or US$49M for Erdene’s 25% interest) using a coal price of US$52/tonne" angesetzt.

Die derzeitige MK von ERDENE beträgt aber nur ca. 32 Mio. US-$!

[tradepunk]

Die Lage der Resource inmitten der bereits Out-Mined-Gebiete, mit bester Infrastruktur und sogar bereits den Access-Tunnels, läßt mich jedenfalls nicht an dem Projekt zweifeln. Im Gegenteil kann ich mir einen relativ kurzfristigen Abbaubeginn vorstellen.

[tradepunk]

Das Bild vom Tunnel habe ich seit einiger Zeit als Hintergrundbild auf meinem Rechner:

http://www.erdene.com/projects40/galleryDonkin/images/7d.jpg

[tradepunk]

In diesen Tagen finden einige Veranstaltungen statt, die ERDENE weiter bekannt machen dürften:

Upcoming Events:

Mining Matters 2009 Conference, Halifax, NS
Westin Hotel
Nov. 16 & 17, 2009 Presentation by Peter Akerley, President and CEO
http://www.gov.ns.ca/natr/MEB/oh/index.asp

Hard Assets Investment Conference, San Francisco, CA Nov. 21 & 22, 2009 Visit us at Booth 723
http://www.hardassetssf.com/Pages/default.aspx

Erdene Open House, 99 Wyse Rd, Suite 1480, Dartmouth NS, Dec. 16, 2009, 4pm-7pm Visit us at Booth 723

[tradepunk]

Antwort auf Beitrag Nr.: 38.401.080 von Ahorne am 17.11.09 10:54:27

Zu Deiner Frage nach der Philosophie des Managements, wird z.B. das hier zur Wachstums-Strategie gesagt:

Growth Strategy

Erdene’s goal is to identify unique opportunities that create value for our shareholders through the discovery and development of world-class resource projects that focus on high growth commodities in strategically located geographic regions.
growth strategy

The following forms the basis of Erdene's strategy for project evaluation and acquisition. Opportunities are evaluated on the basis of the risks and rewards present by geographic region, commodity and stage of development:

* Base metal, energy and industrial mineral project acquisition and discovery efforts are focused in regions that provide investors with maximum exposure to high growth markets, such as China and the United States, and in areas capable of hosting "World Class" ore bodies. This currently includes the Americas and Mongolia.
* Precious metals exploration is focused in regions that provide the greatest potential for the discovery of multi-million ounce, bulk tonnage, open-pit mineable resources. This currently includes areas around the world where senior management have experience operating that have highly prospective geology but are relatively under-explored.
* Erdene has selected commodities that management believes, over the long term, provide strong growth potential based on supply and demand forecasts. This currently includes molybdenum, copper, gold, coal, construction materials and specialty clay product.
* We believe in establishing strong partnerships at the appropriate point in a project's development to strategically manage risk and provide access to the necessary capital required to advance a project to the production stage.
* Erdene is focusing its exploration program on core commodities, including base and precious metals, which the Corporation has the expertise to advance from the exploration stage through development and thereby maximizing shareholder value. In addition, we have pursued strategic partnerships at the exploration stage for other commodities, including coal, where outside expertise is most beneficial to the exploration, development and marketing of these commodities.
* Erdene carefully evaluates merger, acquisition, and restructuring opportunities. We maintain a continual and careful evaluation of opportunities globally to further our goal of identifying world-class resource opportunities. The company will only pursue initiatives that will enhance shareholder value.

http://www.erdene.com/corporate20/growthStrategy21.php

[Ahorne]

Antwort auf Beitrag Nr.: 38.403.094 von tradepunk am 17.11.09 15:23:30

vielen Dank tradepunk für deine kompentente und freundliche Antwort ... ist hier nicht immer selbstverstänlich. werde mir einige stücke ins Depot legen.

[tradepunk]

Antwort auf Beitrag Nr.: 38.403.212 von Ahorne am 17.11.09 15:33:47

Gerne!

[tradepunk]

Antwort auf Beitrag Nr.: 38.403.212 von Ahorne am 17.11.09 15:33:47

Ich bin dafür durch Dich beim Blättern auf der HP auf die "Mining Matters 2009 Conference in Halifax am Nov. 16 & 17" und die "Hard Assets Investment Conference, San Francisco, CA Nov. 21 & 22" aufmerksam geworden.

Mal schauen, ob es darüber dann was zu berichten gibt oder ob man an den Umsätzen ein erhöhtes Interesse sieht...

[Ahorne]

Antwort auf Beitrag Nr.: 38.403.414 von tradepunk am 17.11.09 15:53:59

ich hoffe die Aktie kommt noch mal zurück
ich warte noch ein wenig... werde 2 Limits setzen... hab mich noch ein wenig schlau gemacht... Das Management scheint seriös zu sein

[tradepunk]

Antwort auf Beitrag Nr.: 38.404.550 von Ahorne am 17.11.09 17:50:36

Ich kaufe auch immer mal wieder noch ein paar dazu. Hab grad noch 3k zu .345 erwischt!

[tradepunk]

Da ich die Frage kürzlich selbst aufgeworfen hatte: Das Management hält rd. 10 % der Anteile!

(Yes, all senior management and directors are investors in Erdene and collectively they control approximately 10% of the issued and outstanding shares of the company. http://www.erdene.com/investors50/investorFaq56.php)

[tradepunk]

Da "wir" ja nur 25%-Partner beim Donkin-Coal-Projekt sind, habe ich mal auf der HP von XSTRATA geschaut, was der "große Bruder" zu dem Projekt sagt:

Xstrata Coal: World > North America

Detail label Value
Location Canada North America
Products Coal
Employees 15
Annual production capacity
Donkin is being considered as a 5mtpa underground Longwall operation. Markets are anticipated to be both domestic and export. The short shipping distances to the East Coast of the United States place Donkin in an ideal position to enter this expansive market.
Description of Operation

The Xstrata Coal Donkin Exploration Project is based on the Donkin Peninsula in Nova Scotia, Canada. The Project is a joint venture between Xstrata Coal Canada (75%) and Erdene Gold (25%). The Project is managed by Xstrata Coal Donkin Management.

In December 2005 Xstrata Coal with then joint venture partners Kaoclay resources and Atlantic Green Energy Development limited were successful in securing a Special Licence from the Nova Scotia Government to examine the business case for the potential development of the Donkin Mine. Work commenced on evaluating the coal resource in March 2006 and is expected to take approximately 2 ½ years, after which a decision will be made to proceed or otherwise with the project.

Work on the project is proceeding smoothly, with the small workforce of contractors adhering to a very high standard of Health, Safety, Environmental and Community performance. With dewatering well underway, the primary goal is to safely access the Harbour Coal Seam located approximately 2km off shore and 130m below the Atlantic Ocean.

Using sound Health, Safety, Environmental and Community Planning practices, exploration and evaluation activates have commenced including dewatering existing tunnel entries, obtaining coal samples and developing geological and financial models.
Brief History of the Operation

Initial development of the Donkin Coal Project was started by the Cape Breton Development Corporation in the late 1970’s. A series of offshore boreholes were drilled and in the early 1980’s work began on the driving of 2 access tunnels. These tunnels were completed in 1988 and are 3600m long and vary between 20% and 1% in grade.

Work on the project was suspended in 1989 due to a downturn in world coal markets and in 1992 a decision was made to seal the tunnels and allow them to flood with groundwater. In June 2006 the Donkin site and sealed access tunnels were purchased by the Xstrata Coal Alliance from the Cape Breton Development Corporation. The tunnels remained sealed until October 2006 when they were successfully re-opened and dewatering and remediation activities commenced on site.

If a decision was made to proceed with this project then it would be anticipated that a Longwall would be in production by 2011.


Copyright © 1996-2009 Xstrata plc. All Rights Reserved | Disclaimer & Privacy policy | Accessibility | Credits
Xstrata Plc. Registered in England, Company No: 04345939
Registered office: 4th Floor, 25/27 Haymarket, London, SW1Y 4EN

http://www.xstrata.com/operation/donkin/details/

[Ahorne]

Hallo Zusammen, wie bewertet Ihr die Daten?

so, ich muss los...
das erste Limit hat gegriffen

Erdene Provides Project Updates and Reports Third Quarter Financial Results

http://finance.yahoo.com/news/Erdene-Provides-Project-ccn-24…

[tradepunk]

Antwort auf Beitrag Nr.: 38.411.293 von Ahorne am 18.11.09 15:49:56

wie bewertet Ihr die Daten?

Mit einem Wort: Geil!

Stell wir den Artikel doch ganz rein!

[tradepunk]

Erdene Provides Project Updates and Reports Third Quarter Financial Results

* Press Release
* Source: Erdene Resource Development Corporation
* On 10:35 am EST, Tuesday November 17, 2009

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Companies:
o Erdene Res Dev

HALIFAX, NOVA SCOTIA--(Marketwire - Nov. 17, 2009) - Erdene Resource Development Corp. ("Erdene") (TSX:ERD - News) today provided an update on its principal projects in conjunction with the release of its third quarter 2009 financial results.
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"As we mark a full year since the global economic events of late 2008, we find ourselves in a much improved environment in regards to raw material consumption and price outlook," said Peter Akerley, President and CEO. "We are currently witnessing a major upswing in interest in the commodities on which we have maintained our focus and now find ourselves in a strong position to advance the Donkin coal project to the first phase of production and move the Zuun Mod molybdenum project toward pre-feasibility. In addition to the global economic improvement, we have witnessed a positive change in the political environment in Mongolia with the signing of the investment agreement on the Oyu Tolgoi project. This has given us the confidence to accelerate our property acquisition program in Mongolia."

Project Updates and Summaries

Donkin Coal Project

Recent work at Donkin has focused on planning the implementation of the Continuous Miner Exploration Phase with tenders for all major equipment being received and under evaluation. Direct employment on the project to date has varied from six to 23 people and enabled 11 skilled mining people to return to Cape Breton. Six personnel remain on site to cover the necessary requirements for care and maintenance, including regular statutory inspections. A Community Liaison Committee was established early in the project and continues to provide the community with updates on the project. Investment by the joint venture partners to date is approximately $25 million. The Continuous Miner Exploration Phase will involve additional capital expenditure of approximately $50 million and result in the annual production of more than 250,000 tonnes of coal from the underground development work during the exploration program.

Discussions continue with key stakeholders regarding the sale of the coal production from the Continuous Miner Exploration Phase, a requirement of advancing the project. If the project is approved, it has the potential to reinvigorate the mining industry in Cape Breton. It will create approximately 50 direct jobs initially and, with approval to advance to the high productivity Longwall Mining Phase, 275 full-time positions at full production for a period projected to exceed 30 years. In addition, at least 1.5 indirect jobs are expected to be created for each full-time position. The project will require the expenditure of approximately $50 million initially and more than $350 million for the full longwall development in privately funded capital.

The Donkin exploration project is a 75:25 joint venture between Xstrata Coal Canada, a wholly owned subsidiary of Xstrata Coal, and Erdene. Located in Eastern Canada, the high energy Donkin coal resource includes 227 million metric tonnes ("Mt") of Indicated and 254Mt of Inferred high volatile-A bituminous (12,000 - 14,000 Btu), high sulphur, and medium ash coal. The project is located within 35 kilometres of a coal-fired electrical generating plant and a deep-water coal terminal facility. Markets are anticipated to be both domestic and export, and the relatively short shipping distances by water to the United States east coast and Europe places Donkin in an ideal position to enter this expanding market.

Work on the site has been underway for three years, starting with the reopening of the tunnels and site preparation for the dewatering and the tunnel rehabilitation work. The Donkin exploration project successfully reclaimed the 7,000 metre twin tunnels which included the pumping of 450 million litres of water from the tunnels which was managed and treated on site. The work also included testing the coal quality and gas regime through in-seam drilling.

Zuun Mod Molybdenum Project

During the quarter, the company received an updated National Instrument 43-101 compliant resource estimate for the Zuun Mod molybdenum project. The deposit has a Measured (25Mt @ 0.061Mo) and Indicated (73Mt @ 0.062Mo) ("M&I") resource of 98 Mt at an average grade of 0.062% molybdenum ("Mo"), at a cut-off grade ("Cog") of 0.05% Mo equating to 133.8 million pounds ("Mlbs") of contained Mo metal. In addition, there is a 73 Mt Inferred resource at an average grade of 0.060% Mo equating to a further 97.1 Mlbs of contained Mo metal. The resource identified two higher grade zones within the South and North Racetrack deposits, which contain 95% of the M&I resource at the higher 0.06% Mo Cog which totals 44 Mt and averages 0.071% Mo. The company continues to evaluate options to secure a strategic partner. Runge (Minarco Mine-Consult) is currently completing preliminary pit design and scheduling based on the revised resource estimate to better define project economics.

In addition, the Company has signed contracts with two Mongolian consulting companies to assist with the application to convert the current Zuun Mod exploration license into a mining license. Under the Minerals Law of Mongolia, the initial term for a mining license is 30 years with an option for two 20-year extensions. The mining license application was filed late in the third quarter and Mineral Council experts appointed immediately thereafter. We expect the Mineral Council to review the application in the fourth quarter.

The Zuun Mod project is a porphyry molybdenum deposit (with copper and rhenium) and consists of a single license totalling 49,538 hectares. It is located in Bayankhongor Province approximately 950 kilometers southwest of Ulaanbaatar and 215 kilometers from railhead on the Mongolia-China border at Ceke. The railhead is located 20 kilometers south of the Nariin Sukhait and Ovoot Tolgoi coal mines.

Coal & Metals Projects in Mongolia

Erdene has made a long-term commitment to Mongolia owing to its highly prospective geology, its diversity of exploration targets and its location on the doorstep of China. Our management team was among the early mineral exploration entrants into the country and has since built up an extensive Mongolian knowledge base and network of contacts. The finalized Investment Agreement signed between the Mongolian Government and Ivanhoe Mines / Rio Tinto, for the Oyu Tolgoi copper-gold project, further confirms our belief that the country provides one of the most globally attractive locations for investment in the mineral exploration sector.

Over the past few years, political issues in Mongolia had caused us to maintain a cautious stance in regards to new opportunities; however, with the positive events of the past 60 days we have begun to act on opportunities generated during that period. Recently, Erdene has applied for five exploration licences totalling over 400,000 hectares and has plans to continue to increase our staking and acquisition activity. In Mongolia, Erdene is partnered with Xstrata Coal on a comprehensive coal generative and acquisition program. The Company has conducted numerous property evaluations for prospective metallurgical and high-quality thermal coal deposits. Xstrata Coal is fully funding the exploration programs through to completion of feasibility to earn a 75 per cent interest in the projects funded. In regards to our metals exploration program, in addition to Zuun Mod, Erdene is focused on porphyry style copper, gold and molybdenum prospects and have been very active in the evaluation of these during the past two years.

Sharing a border with Mongolia is China, the world's largest coal consumer. Estimates suggest that over the next 25 years, China will need to secure approximately six million tonnes of new coal production per month to meet demand. Coal-fired power plants are projected to satisfy approximately three quarters of China's total power generation requirements to 2030. A similar situation exists for metals with Chinese companies, many state funded, being very acquisitive for copper and molybdenum projects worldwide. Erdene continues to position itself to be a major participant in the mining industry of Mongolia.

Advanced Primary Minerals

Erdene controls 65% of TSX-V listed (TSX VENTURE:APD - News) Advanced Primary Minerals ("APM"). During the third quarter, APM continued to produce kaolin products for its customers in the ceramics industry and continued product trials with potential customers. APM also completed the installation of process equipment in its new state-of-the-art kaolin processing facility in Dearing, Georgia. Subsequent to the end of the third quarter, APM held the grand opening of its primary kaolin processing plant which will enable APM to develop its high quality primary kaolin deposits and help the company with its goal of becoming North America's leading specialized kaolin producer.

Kaolin is used in the manufacture of value added products within a number of industries which include ceramics, paint and paper. As part of Erdene's business plan, APM was created as a dedicated vehicle for primary kaolin operations. APM is targeting value added products that benefit from the unique attributes of APM's high quality primary kaolin resource under a two phase development program.

Granite Hill Construction Material Project

Erdene's Granite Hill project is a former producing granite aggregate quarry in central Georgia. The Company owns the 342-acre property which holds in excess of a 120 million-ton resource and is situated on an existing rail line. Through a lease with Erdene, Ready Mix USA ("RMU") holds an exclusive right to mine, process, and sell aggregate from the Granite Hill property. The sale of all aggregate from the property is subject to an industry competitive royalty payable to the Company.

RMU's quarry development plan provides for an estimated start-up production rate of one million tons of granite aggregate per year, with an initial design capacity of up to three million tons. Based on current production projections, the Granite Hill quarry will have an estimated lifespan in excess of 30 years. RMU has designed a quarry mining plan, processing plant and facilities, and has prepared an environmental impact plan. RMU has also acquired additional land adjacent to the Granite Hill property to secure rail access to the site. The construction phase is expected to be completed nine to twelve months after a production decision by RMU. All required operating permits have been received and during the third quarter, RMU began clearing the site and constructing access roads to the initial quarry site. RMU is responsible for fully funding the development and operating program.

2009 Third Quarter Financial Results Summary

Erdene's 2009 third quarter financial statements and Management's Discussion and Analysis were filed with regulatory authorities on November 13, 2009 and are available on the Company's website at www.erdene.com and on SEDAR at www.sedar.com. These statements are provided on a consolidated basis incorporating its controlled subsidiary, Advanced Primary Minerals Corp.

For the three months ended September 30, 2009, exploration and operating expenses amounted to $948,115 compared to $295,995 in the third quarter 2008. Including capitalized exploration costs and excluding write-offs, exploration expenses were $1,215,699 for the third quarter of 2009 compared to $1,805,187 in the third quarter of 2008.

Erdene's third quarter expenditures were directed toward the continued advancement of the Company's primary projects, namely the Donkin coal project, Zuun Mod molybdenum project, metal exploration in Mongolia and industrial mineral projects.

Administrative expenses totalled $437,481 (including $46,550 in stock based compensation) for the third quarter of 2009, compared to $439,481 in the third quarter 2008.

The company recorded a loss of $1,239,158, or $0.01 per share, in the third quarter of 2009 compared with a loss of $887,425, or $0.01 per share, in the third quarter of 2008.

At September 30, 2009, Erdene had approximately $ 14.8 million of cash and cash equivalents on hand, on a consolidated basis, compared with approximately $16.2 million at December 31, 2008.

Qualified Person

The Zuun Mod Mineral Resource estimates was prepared under the supervision and based on information compiled by Philippe Baudry, who is an employee of Minarco-Mineconsult. Philippe Baudry is also a Qualified Person within the meaning of such term under NI 43-101 and a Member of the Australian Institute of Geoscientists (Membership No 3721). Philippe Baudry consented to the inclusion in the Zuun Mod release of the matters based on his information in the form and context in which it appears. The grade model was prepared using Datamine and Surpac software, with a regular block model. Molybdenum (Mo) and copper (Cu) grades were estimated using ordinary kriging. Rhenium (Re) grades were estimated using a combination of ordinary kriging and regression based on the Mo grades. Geological data verification and QA/QC of the drill-hole results has been completed and is included in the NI 43-101 compliant Technical Report prepared by Minarco-MineConsult.

About Erdene

Erdene Resource Development Corp. is a diversified resource company with multiple projects at various stages of development from exploration to production, all focused on high-growth commodities. Erdene currently has cash and marketable securities of approximately $14.9 million, with 89,230,877 common shares issued and outstanding and a fully diluted position of 93,355,877 common shares.

Forward-Looking Statements

Certain information regarding Erdene contained herein may constitute forward-looking statements within the meaning of applicable securities laws. Forward-looking statements may include estimates, plans, expectations, opinions, forecasts, projections, guidance or other statements that are not statements of fact. Although Erdene believes that the expectations reflected in such forward-looking statements are reasonable, it can give no assurance that such expectations will prove to have been correct. Erdene cautions that actual performance will be affected by a number of factors, most of which are beyond its control, and that future events and results may vary substantially from what Erdene currently foresees. Factors that could cause actual results to differ materially from those in forward-looking statements include market prices, exploitation and exploration results, continued availability of capital and financing and general economic, market or business conditions. The forward-looking statements are expressly qualified in their entirety by this cautionary statement. The information contained herein is stated as of the current date and subject to change after that date.
Contact:

Peter C. Akerley
Erdene Resource Development Corp.
President and CEO
902-423-6419

Ken W. MacDonald
Erdene Resource Development Corp.
Vice President Business Strategy and CFO
902-423-6419
[e-mail]
www.erdene.com

http://finance.yahoo.com/news/Erdene-Provides-Project-ccn-24…

[tradepunk]

Dann war das wohl auch der Grund, warum die HP vorhin mal eine Zeitlang nicht erreichbar war.



Inzwischen sind die Daten eingepflegt:

http://investor.shareholder.com/erd/releasedetail.cfm?Releas…

[tradepunk]

Heute noch mal recht geringe Umsätze! Einige Orders wurden auch zu, denke ich, absoluten Schnäppchenpreisen ausgeführt! Glückwunsch an die Schnäppchen-Jäger!

[tradepunk]

Last: Change: Volume: 1:51 PM ET
0.325 -0.025 (-7.14%) 50,300 November 18, 2009

Last Ten Trades
Time Price Shares Change
13:51 0.325 500 -0.025
13:51 0.325 4,500 -0.025
13:37 0.310 500 -0.040
13:37 0.310 500 -0.040
11:29 0.330 3,000 -0.020
11:29 0.325 7,000 -0.025
11:09 0.310 7,000 -0.040
11:09 0.305 8,000 -0.045
11:09 0.305 300 -0.045
10:41 0.325 6,000 -0.025

[tradepunk]

Der Chartverlauf erinnert mich irgendwie an den alten Kostolany-Spruch:

"Das Verhältnis von Börse und Wirtschaft ist wie das eines Mannes auf einem Spaziergang mit seinem Hund. Der Mann geht langsam vorwärts, der Hund rennt vor und zurück."

[tradepunk]

Die heutige News ist für mich der Startschuß, ERDENE künftig in einer anderen Liga zu bewerten.

Aus den (evtl. gar Junior- )Explorer-Zeiten ist ERD damit raus! Die Projekte sind teilweise sogar besser als nur im Zeitplan!

Die beauftragten neutralen "Wahrsager" NORWEST liegen mit ihrer im November 07 erstellten PAS sehr sehr gut! http://www.erdene.com/assets/pdf/DonkinPrelimAssess.pdf

[tradepunk]

Die derzeitige MK liegt bei ca. 30 Mio. Can-$!

Derzeit liegen immer noch 14,8 Mio. auf dem Konto. Letztes jahr wurden insgesamt nur 1,4 Mio. "verbraucht". Das macht nicht den Eindruck, als würde sich hier das Management und sein Umfeld einfach mit großzügigen Gehältern ein schönes Leben machen. Man geht offenbar sparsam und vernünftig mit den vorhandenen Mitteln um!

Nur mal so aus dem Bauch heraus:

Mit dieser Cash-Reserve, einer Bewertung alleine für das Donkin-Coal-Projekt von 194 Mio., davon 25% ERDENE-Anteil, bei einer eigentlich schon wieder positiv überholten Bewertung von Donkin (man ging von 52 $/t aus!), den Fortschritten (nicht nur projektbezogen seitens ERD/XSTRATA, sondern auch im politischen Sinne) in der Mongolei, den Baustoffen und last not least den Moly-/Copper-Vorhaben, würde ich den IST-Wert von ERDENE doch eher im Bereich von mindestens 150 Mio. ansetzen.

[Ahorne]

Antwort auf Beitrag Nr.: 38.415.610 von tradepunk am 19.11.09 01:30:04

Genau das gefällt mir an diesem Unternehmen.
Sie ist nicht chronisch knapp bei Kasse, und es besteht Grund zur Anhahme das keine grosse Verwässerungsgefahr besteht. Die Projekte scheinen aussichtsreich.

[tradepunk]

Hallo @all,

ich freue mich, hier ein täglich zunehmendes Interesse zu sehen.

Damit steigert sich auch die Chance, hier ein paar Explorer-Profis anzutreffen, die sich an der Bewertung der ERDENE-Unternehmungen beteiligen könnten!

Da der in der letzten News erwähnte "updated National Instrument 43-101" bezüglich des ZuunMod-Moly-Projects noch nicht auf der HP ist, würde ich gerne versuchen, dieses Projekt zu bewerten...

[tradepunk]

http://www.infomine.com/investment/charts.aspx?mv=1&f=f&r=2y…

[tradepunk]

Zuun Mod Molybdenum Project

During the quarter, the company received an updated National Instrument 43-101 compliant resource estimate for the Zuun Mod molybdenum project. The deposit has a Measured (25Mt @ 0.061Mo) and Indicated (73Mt @ 0.062Mo) ("M&I") resource of 98 Mt at an average grade of 0.062% molybdenum ("Mo"), at a cut-off grade ("Cog") of 0.05% Mo equating to 133.8 million pounds ("Mlbs") of contained Mo metal. In addition, there is a 73 Mt Inferred resource at an average grade of 0.060% Mo equating to a further 97.1 Mlbs of contained Mo metal. The resource identified two higher grade zones within the South and North Racetrack deposits, which contain 95% of the M&I resource at the higher 0.06% Mo Cog which totals 44 Mt and averages 0.071% Mo.

http://investor.shareholder.com/erd/releasedetail.cfm?Releas…

[tradepunk]

Gut, dann haben wir also 230,9 Mlbs (Millionen Pfund). Das Pfund Moly kostet derzeit etwa 12 $.
Gesamtwert vom in der Erde liegenden Moly sind demnach 2,77 Mrd.$!

Da das Zeuch jedoch dummerweise noch in der Mongolei im Boden liegt, ist leider nicht jede Aktie mit 31 Dollar für dieses Projekt zu bewerten.

Die große Frage ist jetzt, wieviel die Förderung kostet bzw. was ERD letztendlich daran verdient.

[tradepunk]

bzw. ab welchen Marktpreisen die Förderung wirtschaftlich sinnvoll ist!

[tradepunk]

Da der Wert von Moly in den letzten Jahren starken Schwankungen unterworfen war und wohl auch künftig sein wird, ist es schwer hier eine Prognose zu treffen. Experten sagen für nächstes Jahr Preise von rd. 20 $/lb voraus.

[tradepunk]

Hier ging man erst in 2011 von 20 aus:

Nachricht vom 05.03.2009 | 11:12 1438 mal gelesen
Experte: Preis für Molybdän soll steigen
Leser des Artikels: 1438

Das US-amerikanische Institut CPM Group gab am Mittwoch anläßlich einer Konferenz der London Metal Exchange (LME) ihre Prognose zum Preis für Molybdän bekannt.

Demnach wird der Preis für den Rohstoff in diesem Jahr im Bereich 10,50 bis 11 US-Dollar pro Pfund liegen wegen der geringen Nachfrage durch Stahlhersteller. In 2011 werde der Preis auf 20 US-Dollar steigen, weil die Nachfrage wieder zunimmt. Die weltweit eingesetzten Konjunkturpakete würden in 2010 dafür sorgen, dass die Preise für Molybdän auf 16 US-Dollar steigen.

Molybdän ist ein Nebenprodukt bei der Kupferförderung und wird für die Herstellung von Edelstahl verwendet.

Aktuell liege der Preis für Molybdän bei 9 US-Dollar je Pfund. Vor der Wirtschaftskrise erreichte der Preis im August 2008 ein Hoch mit 34 US-Dollar.

Autor: Sven Olsson
http://www.wallstreet-online.de/nachrichten/nachricht/269145…

[tradepunk]

Für neue Produktion: Molybdän-Preis muss deutlich anziehen

11.06.2009 | 11:45 Uhr | Autor: Rainer Hahn
RTE Stuttgart - (www.rohstoffe-go.de) - Der Molybdän-Preis muss sich erheblich vom aktuellen Niveau bei 10 Dollar pro Pfund erholen, sonst werde die Branche nicht in neue Produktion investieren. Die aber werde für die Zukunft gebraucht, erklärt der CEO des Minenunternehmens Thompson Creek Metals.

Molybdän, das unter anderem genutzt wird, um Stahl härter zu machen, wurde in der ersten Jahreshälfte 2008 mit mehr als 30 Dollar pro Pfund gehandelt, stürzte aber im Oktober ab und erreichte mit weniger als 8 Dollar pro Pfund im April des laufenden Jahres seinen Tiefpunkt.

Produzenten des Spezialmetalls, Thompson Creek (WKN A0MR6Q) eingeschlossen, begegneten dem, indem sie die Produktion einschränkten und Investitionen für neue Projekte auf Eis legten. Obwohl gerade Thompson erst Anfang dieser Woche erklärte, man werde 2009 mehr produzieren, als zunächst prognostiziert, da sich der Markt etwas gebessert habe. Im vergangenen Jahr allerdings legte das Unternehmen die Erweiterung einer Mühle auf der Endako-Mine in Kanada auf Eis und verschob zudem die Entwicklung einer unterirdischen Mine in deren Nähe.

Man müsse sich der Preise um das Niveau von 12 bis 13 Dollar je Pfund sicher sein, bevor eine Fortführung der Endako-Erweiterung in Frage käme, hieß es aus dem Unternehmen. Das Projekt, das im ersten Quartal 2008 genehmigt wurde, sollte die Verarbeitungskapazität auf der Endako-Liegenschaft von 28.000 auf 50.000 Tonnen Erz ab Anfang 2010 erhöhen.

Thompson Creeks CEO Loughrey lehnte es ab zu spekulieren, wie der Molybdän-Preis sich entwickeln werde, merkte aber an, dass der Markt sich in letzter Zeit langsam in die richtige Richtung bewegt habe. Ein wichtiger Schritt im letzten halben Jahr sei gewesen, dass China, normalerweise Molybdän-Exporteur, nun auf der Nachfrageseite auftrete. Eine ganze Reihe kleiner Molybdänminen im Reich der Mitte hätten sich nach dem Preiseinbruch als unprofitabel erwiesen.

Allerdings müsse für eine wirkliche Preiserholung der Stahlmarkt zumindest etwas anziehen. Ein Rebound der Stahlnutzungsraten sei bisher noch nicht zu erkennen gewesen, so Loughrey, sodass die Situation für Molybdänproduzenten schwierig bleibe.

http://www.rohstoff-welt.de/news/artikel.php?sid=13486

[tradepunk]

"Etwas" aktueller, es wird wieder investiert:

60 Mrd. USD Rohstoffinvestitionen in diesem Jahr
20.11.2009 | 10:30 Uhr | Autor: Rainer Hahn
RTE London - (www.rohstoffe-go.de) - Einer Studie der Barclays Capital zu Folge sollen die Investitionen in die Anlageklasse der Rohstoffe in diesem Jahr auf 60 Mrd. USD steigen. Bisher seien in diesem Jahr 55 Mrd. USD geflossen. Im Jahr 2006 wurde Rekord mit 51 Mrd. USD gesetzt. Die Gesamtinvestitionen in Rohstoffe sollen sich zum Ende des Jahres auf 230-240 Mrd. USD belaufen.

Die Anleger konnten zu Beginn des Jahres von den deutlich gesunkenen Rohstoffpreisen profitieren, die auch zum Einstieg genutzt wurden und langfristige Investitionen noch sinnvoller machen.

http://www.rohstoff-welt.de/news/artikel.php?sid=16222#60-Mr…

[tradepunk]

Ich möchte keine utopische Rechnung aufmachen, in der ich ERD einen Gewinn von 10 oder gar mehr Dollars pro Pfund Moly zugestehe.

Aber wenn ich unterstelle, daß zumindest 1 Dollar hängenbleibt, ist dieses Projekt von ERD immerhin 230 Mio. US-$ wert.

Dies entspräche einem Wert-Anteil von 2,58 US-$ oder 2,76 Can.$ pro Aktie!

[tradepunk]

Wie sind Eure Meinungen/Rechnungen zum Thema?

[tradepunk]

Das 4th Quarter Update 2009:

http://www.erdene.com/assets/pdf/4thqtr2009FINAL.pdf

[tradepunk]

Mal wieder ein Hallo in den Thread, in dem zwar wenig von Anderen geschrieben wird, aber offenbar doch so einige interessierte Leute mitlesen!

Und wer hier mitliest, wird sich i.d.R. auch mit anderen Kohleplays beschäftigen! Speziell mit GXS und CCJ!

Daher mal ein kleines Statement zur aktuellen Bewertung der Drei:

CCJ

Hm? War gestern in der Spitze mit 105 Mio. Can.$ bewertet!
Gut, mittlerweile sinds nur noch 78!
What for?
30-50 (je nach Sichtweise) Mio. Tonnen Kohle im Südamerikanischen Dschungel in Bürgerkriegsgefährdeten Regionen beherrscht vom Schweizer Investmentvehikel eines russischen Großinvestors.
Details (auch positive) im zugehörigen Fred!
Na ja, Geschmacks- u. Vertrauenssache!


GXS

Bewertung rd. 30 Mio.!
Die vielleicht mächtigsten Kohleflöze der Geschichte gefunden. Bis zu 100m Stärke! Im Vergleich zu sonst üblichen 0,5-5m Stärke bei anderen ebenfalls wirtschaftlich arbeitenden Unternehmen!
Rd. 60-150 ( je nach Sichtweise) Mio. Tonnen bereits jetzt im ersten Abschnitt nachgewiesen. Erwartet werden 500-1000 Mio.Tonnen!
Sauber durchfinanziert und mit Saskatchewan/Kanada in einer politisch stabilen Region tätig, in der die Kohle u.U. auch direkt dort benötigt wird.


ERD

Bewertung auch um die 30 Mio.!
Hm? Da fallen mir jetzt so auf der Stelle etwa 12 Seiten positiver Argumente ein. Aber da der W-O-user als solcher ja eher gerne mal faul ist, nochmal ein paar Auszüge:

- 500 Mio.Tonnen Kohle (mit 14.000er BTU, NI-Bericht, PAS )
- 230 Mio.Tonnen Moly (@border zum Abnehmer China)
- 245 Mio.Tonnen Kupfer (dto.)
- 16 Mio.$ Cash, keine Verwässerungsgefahr, alle Projekte sind bis Ende 2011 finanziert
- Partnerschaft mit XSTRATA, die jetzt nach der Absage der geplanten Anglo-Übernahme wieder genügend Geld für andere Investments frei haben.
- Kohlemine ist fast fertiggestellt, ab 2011 wird Geld verdient.
- Die (nebenbei hochwertigste unserer 3 Kandidaten) Kohle wird in einem seit jahrzehnten bewährten Abbaugebiet aus dem letzten noch nicht ausgebeuteten Abschnitt gefördert. 20 km vom internationalen Verladehafen entfernt!
-Produktionskosten FOB 24,50/t!!!!!!!!!!!!!!!!!! (NIX 42 FOT im Dschungel!)

Donni, Public, bitte nicht schimpfen, aber ich fühle mich hier um Längen besser aufgehoben, als bei den beiden Vergleichswerten, die sicher auch gut sind und zumindest einer davon auch unterbewertet ist!

LG, tp

[tradepunk]

Uuuuuund:



Wenn mal Umsätze sind, dann sind hier die großen Jungs! Immer wieder mal tagelang fast keine Umsätze und dann wieder Tage mit diesen 300-, 400-, 1000-k-Orders!

[tradepunk]

Nachtigall, ick hör Dir...



Der nächste Schub dürfte ('türlich nur m.E.) in Kürze anstehen!

[tradepunk]

News Releases

Erdene Announces New Partner for its Granite Hill Aggregate Project Development Underway

Halifax, Nova Scotia - February 10th, 2010 - Erdene Resource Development Corp. ("Erdene") (TSX:ERD) today announced the completion of agreements that will result in a new development partner for the Corporation's Granite Hill construction aggregate project and an acceleration of the development of the project.

Through the acquisition of Ready-Mix USA and Aggregates USA, the operation of the Granite Hill Project will now be under the control of SPO Partners, a private California based investment company. SPO is the controlling shareholder of Plum Creek Timber Co. and is the third largest shareholder of Martin Marietta Materials, Inc. As a result of the acquisition, Aggregates USA (Sparta), LLC ("AUSA") is now party to the lease agreement with Erdene in the place of Ready-Mix USA. AUSA has advised Erdene that SPO is planning to make the Granite Hill project one of its top priority new developments. The Granite Hill site preparation has recently expanded from an area of approximately 19 acres for the pit to approximately 43 acres, which also includes the plant, compound, and rail access areas. Site development is underway and Erdene has been advised that projections are for mine development to begin by mid 2010 with production commencing late in 2011.

Granite Hill Construction Aggregate Project

Erdene's Granite Hill project is a former producing granite aggregate quarry located in east-central Georgia. Erdene owns the 342-acre property which holds an estimated reserve of approximately 90 million tonnes situated on an existing rail line. Through a lease agreement with Erdene, AUSA holds an exclusive right to mine, process, and sell aggregate from the Granite Hill property. The sale of all aggregate from the property is subject to an industry-competitive royalty payable to Erdene.

AUSA's quarry development plan provides for an estimated start-up production rate of one million tons of granite aggregate per year, with an initial design capacity of up to three million tons. Based on current production projections, the Granite Hill quarry will have an estimated lifespan in excess of 30 years. AUSA has designed a quarry mining plan, processing plant and facilities, and has prepared an environmental impact plan. AUSA has also acquired additional land adjacent to the Granite Hill property to secure rail access to the site. The construction phase now underway is expected to be complete by mid to late 2011 when production is expected to commence. All required operating permits have been received. AUSA is in the process of clearing the site and access roads to the quarry are near completion. AUSA is responsible for fully funding the development and operating program.

Construction Aggregate Market-Other Activities

Erdene continues to evaluate several opportunities in the construction aggregate sector in eastern Canada and the southeastern U.S. Erdene is positioning itself with projects in the Caribbean and in Atlantic Canada where tidewater prospects continue to have competitive advantages due to lower freight rates for shipping, versus the ever increasing rail and truck hauls faced by inland U.S. producers. The long term growth projections are positive given the U.S. economic stimulus package that is anchored in "rock and steel".

About Erdene

Erdene Resource Development Corp. is a diversified resource company with multiple projects at various stages of development from exploration to production, all focused on high-growth commodities. Erdene currently has cash and marketable securities of approximately $13.3 million, with 89,230,877 common shares issued and outstanding and a fully diluted position of 93,354,877 common shares.

Forward-Looking Statements

Certain information regarding Erdene contained herein may constitute forward-looking statements within the meaning of applicable securities laws. Forward-looking statements may include estimates, plans, expectations, opinions, forecasts, projections, guidance or other statements that are not statements of fact. Although Erdene believes that the expectations reflected in such forward-looking statements are reasonable, it can give no assurance that such expectations will prove to have been correct. Erdene cautions that actual performance will be affected by a number of factors, most of which are beyond its control, and that future events and results may vary substantially from what Erdene currently foresees. Factors that could cause actual results to differ materially from those in forward-looking statements include market prices, exploitation and exploration results, continued availability of capital and financing and general economic, market or business conditions. The forward-looking statements are expressly qualified in their entirety by this cautionary statement. The information contained herein is stated as of the current date and subject to change after that date.

Contact information

Peter C. Akerley, President and CEO
or
Ken W. MacDonald, Vice President Business Strategy and CFO
Phone: [phone]

For additional information visit ERD's website at www.erdene.com or contact the company via email at [e-mail]

http://investor.shareholder.com/erd/releasedetail.cfm?Releas…

[Popeye82]

Also das Donkin Coal Projekt könnte m.E.n. interessant sein(v.a. der akt. Thermal Coal Preis würde momentan, soweit ich das sehe die Gewinne ab potentiellem Förderstart immens vergrößern), ob das Moly Projekt, dann noch in der Mongolei, der Weisheits letzter Schluss ist würde ich erstmal vorsichtig bezweifeln. Vermerke mich hier einfach erstmal kurz, ansonsten GLTA wie man so schön sagt :

Erdene Provides Donkin Coal Project Update: Xstrata Recommends Shift in Focus from Thermal to Coking Coal Export Markets - OR, HALIFAX - 2/12/2010
www.ocean-resources.com/industry-news.asp?newsid=8539
www.erdene.com/assets/pdf/4thqtr2009FINAL.pdf

"HALIFAX, NOVA SCOTIA, Feb 11, 2010 (MARKETWIRE via COMTEX) -- Erdene Resource Development Corp. ("Erdene") /quotes/comstock/11t!erd (CA:ERD 0.32, -0.04, -10.00%) , is pleased to comment on the announcement made yesterday by Xstrata Coal with regard to the Donkin Coal Project. Xstrata has indicated that they will now be developing the project based on sales into the coking coal market. The revised Donkin Coal Project is expected to produce approximately 2.75 million tonnes per annum of washed export grade coking coal at full production, pending the receipt of all approvals. Xstrata is also looking to obtain expressions of interest from potential strategic partners to contribute to the project. The Donkin Coal Project is a joint venture between Xstrata Coal Donkin Limited, a subsidiary of Xstrata plc, (75%) and Erdene (25%). Located in Cape Breton, Nova Scotia, proximal to deep water, adjacent to some of the worlds major shipping routes, the setting is ideal for seaborne shipping.

"Erdene is very pleased to hear of Xstrata's commitment to the Donkin project particularly their confidence in a shift into the coking coal market," said Peter Akerley, President and CEO of Erdene. "This decision is undoubtedly of significant interest and value to our investors but in addition to our responsibility to our investors, our goal is to be a significant partner in bringing a safe and efficient mining industry back to Cape Breton which has almost unrivalled coal resources on deep water and the people to make this a certainty."


Market

Washed coking coal from the Cape Breton coal fields has historically been sold to the steel industry in Europe and North America. Demand for coking coal is expected to rise with the recovery in the steel market particularly in regards to China, India and other Pan-Asian countries. Additionally, Western world steel production is on the rise. U.S. steel utilization rates have increased to approximately 65% from recent 45% lows, and European steel mill production is also strengthening.


Donkin Coal Project Background

Located in Eastern Canada, the high energy Donkin coal resource includes 227 million metric tonnes ("Mt") of Indicated and 254Mt of Inferred high volatile-A bituminous (12,000-14,000 Btu), high sulphur, and medium ash coal. The project is located within 35 kilometres of a coal-fired electrical generating plant and a deep-water coal terminal facility. The relatively short shipping distances by water to the United States east coast, Europe and Asia places Donkin in an ideal position to enter the expanding export coal markets.


About Erdene

Erdene Resource Development Corp. is a diversified resource company with multiple projects at various stages of development from exploration to production, all focused on high-growth commodities. Erdene has a current working capital position of approximately $13.3 million, including that of its controlled subsidiary APM, with 89,230,877 common shares issued and outstanding and a fully diluted position of 93,254,877 common shares. "

[Zipp20]

Hi

keiner mehr da?
Was isn los?

[absprache]

Antwort auf Beitrag Nr.: 39.260.512 von Zipp20 am 01.04.10 10:29:21

Ich habe mich gestern auch noch über den Anstieg gefreut.
Kennt jemand den Hintergrund?
Ich bin mit kleinen Posten, bisher meistens erfolgreich (Khan, Ivanhoe,Erdene,Polo, Redhill) in fast allen, in der Mongolei arbeitenden Gesellschaften investiert und glaube, dass die interessanten Zeiten noch bevor stehen.

[Popeye82]

Coal production from Donkin to be delayed - OR - 5/26/2010
www.ocean-resources.com/industry-news.asp?newsid=8824

[tradepunk]

Antwort auf Beitrag Nr.: 39.599.750 von Popeye82 am 28.05.10 13:59:42

Danke! Das erklärt warum der Kurs nicht so recht in die Puschen kommt bzw. zuletzt sogar wieder stark zurückgekommen ist.

Na ja, weniger wert wird die Kohle sicher nicht! Jetzt beginnt die Ernte halt ein bisserl später...

[Popeye82]

Erdene Provides Project Updates and Second Quarter Financial Results - Aug 12, 2010

2010 Second Quarter Highlights

+ Xstrata Coal continues to advance the Donkin Coal Project with on-going pre-feasibility level engineering and marketing studies in support of the development of the project based on sales into the coking coal market; study expected to be finalized by the end of the third quarter, 2010.

+ Work continued to advance the Zuun Mod Molybdenum Project in Mongolia; resource was officially registered with the Mongolian Minerals Resource Council, a prerequisite to applying for a mining license; pre-feasibility level studies continue.

+ The 2010 coal and metals exploration programs in Mongolia continued throughout the quarter; new coal and metals targets identified in south-western Mongolia.

+ Advanced Primary Minerals Corporation ("APM') closed a $1 million private placement financing on August 4, 2010; Erdene participated with a $350,000 investment and conversion of $379,101 in existing debt to APM shares to hold 59.7% of APM's issued and outstanding shares.

+ Aggregates USA made a production decision on the Georgia based Granite Hill Aggregate Project with mine development to start immediately; production is expected to commence in the third quarter 2011.

+ Erdene's second quarter expenditures directed toward the advancement of the Company's primary projects; ends quarter with $11.1 million in cash and cash equivalents. ...
www.marketwire.com/press-release/Erdene-Provides-Project-Upd…

[tradepunk]

NEWS

Erdene Initiates Exploration on New Copper-Gold Discovery
Provides Update on Mongolian Coal and Metals Exploration Programs

HALIFAX, NOVA SCOTIA, Sep. 22, 2010 (Marketwire) -- Erdene Resource Development Corp. ("Erdene" or "Company") (TSX:ERD) today provided an update on its ongoing exploration programs for coal and metals in Mongolia.

Highlights



-- New Copper-Gold Discovery - Detailed Nomin Exploration Program Initiated
-- Regional Coal Targets Being Tested - Zarman Coal Drilling Initiated
-- Galshar Coal Royalty - Xanadu Acquires Galshar Project
-- Zuun Mod Molybdenum-Copper Deposit - Scoping Study Level Work Underway
-- Zuun Mod Exploration - Geophysical Program Commences



Nomin Copper-Gold Project

The Nomin Project is providing encouraging early stage copper-gold results and will be subject to more detailed exploration during the remainder of 2010. The Nomin prospect is a new discovery; however, previously undocumented ancient workings (shallow pits) have been found on the property. Samples from these pits returned an average of 2.2% copper and 1.7g/t gold from several samples taken over a strike length of 250 metres. The mineralization is hosted in Palaeozoic felsic volcanics and intrusives within the Southwest Gobi Island Arc Terrane. A sample from a second similar occurrence, 1.2 kilometres south-southwest of the main occurrence, returned assays of 1.6% copper and 1.15g/t gold. Magnetic and induced polarization (IP) dipole-dipole surveys are scheduled to commence in late September. Additional geological mapping and geochemical sampling will also be carried out over the area of these new copper-gold mineral occurrences in the next few months.

Erdene has been carrying out a two-year, detailed regional evaluation of a large area in south-western Mongolia evaluating the potential for porphyry related copper-gold-molybdenum mineralization. The 2010 metals exploration program is focused on evaluating newly acquired exploration licenses, follow-up of anomalous results from the 2009 regional exploration program and field evaluation of the expanded 2010 regional porphyry evaluation program. Multiple new targets have been generated to date and are receiving further work.

Zarman Coal Project

Drilling of coal targets in the Zarman basin commenced September 14th with a planned eight-hole, 2,700 metre drill program designed to test an area 10 kilometres by 17 kilometres. The 2010 coal regional drilling program is focused on evaluating the potential of the Zarman basin in south-western Mongolia to host significant coal deposits. Work to date has identified coal bearing lithologies, over a strike length of 60 kilometres along the northern edge of the Zarman basin. A magnetic survey covering approximately 600 square kilometres was recently finished while a 44 line-kilometre seismic survey is nearing completion.

A budget of US$1.9 million is in place for 2010 coal exploration programs in Mongolia, which is fully funded by Xstrata Coal Canada Ltd. through the Erdene-Xstrata Coal Alliance. Xstrata Coal Canada Ltd. has the right to earn a 75% interest in any of Erdene's coal projects in Mongolia by fully funding the projects through to completion of a feasibility study.

Galshar Coal Project

In late 2008, Erdene optioned the Galshar property to a private Mongolian company for cash consideration which was paid over the first two years of the option agreement, and a royalty interest from any coal mined from the property. Earlier this year, the Mongolian company transferred control of the Galshar project to a subsidiary of Xanadu Mines Limited ("Xanadu") of Australia. Xanadu has recently raised Aus$6.6 million from investors and announced that it plans to use part of these funds to drill the Galshar Coal Project to a JORC compliant resource estimate standard. Galshar hosts one main coal seam with an average thickness of 21 metres overlain by several thinner seams. There is potential for a large-scale open pit operation with a low stripping ratio. The resource is open to the north and east as well as potentially to the south. Xanadu is targeting 200 million tonnes of coal at Galshar, which is located 200 kilometres from the Chinese border and just 65 kilometres from an existing railway line. Power and unpaved road infrastructure is in place at Galshar.

Zuun Mod Development Activities

Following the official registration of the Zuun Mod Resource by the Mongolian Minerals Resource Council in July, the Company accelerated its efforts in regard to exploration and development of the Zuun Mod project. In September, the Company continued to advance the project with the initiation of hydro-geological studies which will include a geophysical survey and a drilling program designed to confirm water resources in support of mine development. In addition, the Company's independent technical consultants, Minarco-MineConsult of Australia, conducted pit optimization and scheduling studies on the Zuun Mod deposit. The company is now reviewing financial models and markets on which to base decisions regarding the advancement of the project to the pre-feasibility stage.

Zuun Mod is a porphyry molybdenum-copper deposit containing 215 million pounds ("Mlbs") of molybdenum in the Measured and Indicated ("M&I") category, grading 0.054% Mo, and a further 208Mlbs in the Inferred category grading 0.051% Mo, making it one of the largest undeveloped molybdenum-copper deposits in the Asia region. Within this envelope of 0.05% Mo mineralization, are higher grade zones averaging approximately 0.07% Mo totalling 44Mlbs of molybdenum in the M&I category and 29Mlbs of molybdenum in the Inferred category.

Erdene controls the Zuun Mod deposit through a single exploration license totalling 49,538 hectares, located in Bayankhongor Province in Mongolia, approximately 950 kilometers southwest of Ulaanbaatar and 215 kilometers from railhead on the Mongolia-China border at Ceke. The railhead is located 20 kilometers south of the Nariin Sukhait and Ovoot Tolgoi coal mines.

Zuun Mod Exploration

In early 2010, Erdene contracted Wave Geophysics, LLC to provide a model and interpretation of all geological, geochemical and geophysical data from the Zuun Mod project with a focus on identifying additional exploration targets in the vicinity of the Zuun Mod Mo-Cu deposit. This study was received during the second quarter. While the final results are still being evaluated, several new drill targets have been identified and preparations are underway to conduct a specialized geophysical induced polarization survey over the area to the southwest and along strike from the Zuun Mod deposit to test for possible extensions of mineralization in this area and to better define and prioritize drill targets. The planned survey will be carried out over 48 line-kilometres and will cover an area of approximately 21 square kilometres. This program is expected to start before the end of September.

Qualified Person

J.C. (Chris) Cowan, P.Eng. (Ontario) is a Qualified Person as that term is defined in National Instrument 43-101 and has reviewed and approved the technical information contained in this news release. All samples have been assayed at SGS Laboratory in Ulaanbaatar, Mongolia. In addition to internal checks by SGS Laboratory, the company incorporates a QA/QC sample protocol utilizing prepared standards, blanks and duplicates.

About Erdene

Erdene Resource Development Corp. is a diversified resource company with multiple projects at various stages of development from exploration to production, all focused on high-growth commodities. Erdene has a current working capital position of approximately $10.1 million, including that of its controlled subsidiary APM, with 89,230,877 common shares issued and outstanding and a fully diluted position of 93,034,877 common shares.

Forward-Looking Statements

Certain information regarding Erdene contained herein may constitute forward-looking statements within the meaning of applicable securities laws. Forward-looking statements may include estimates, plans, expectations, opinions, forecasts, projections, guidance or other statements that are not statements of fact. Although Erdene believes that the expectations reflected in such forward-looking statements are reasonable, it can give no assurance that such expectations will prove to have been correct. Erdene cautions that actual performance will be affected by a number of factors, most of which are beyond its control, and that future events and results may vary substantially from what Erdene currently foresees. Factors that could cause actual results to differ materially from those in forward-looking statements include market prices, exploitation and exploration results, continued availability of capital and financing and general economic, market or business conditions. Discussion of the various factors that may affect future results is contained in Erdene's Annual Information Form dated March 29, 2010, which is available at www.sedar.com. The forward-looking statements are expressly qualified in their entirety by this cautionary statement. The information contained herein is stated as of the current date and subject to change after that date and Erdene does not assume the obligation to revise or update these forward-looking statements, except as may be required under applicable securities laws.

Erdene Resource Development Corp. President and CEO 902-423-6419 Erdene Resource Development Corp. Vice President Business Strategy and CFO 902-423-6419 [e-mail] www.erdene.com

http://tmx.quotemedia.com/article.php?newsid=34189330&qm_sym…

[tradepunk]

Seit nem Monat ist der Kurs wieder in einem schönen Uptrend, der jedoch noch von nur geringen Umsätzen begleitet ist. Wenn hier erst, auf gut deutsch, "Schwung in die Bude" kommt, könnte sich der Anstieg auch noch mal beschleunigen. Bei den bisher erreichten Hochs, dürfte diesesmal noch nicht Schluß sein.

[tradepunk]

Manchmal kann man echt nur den Kopf darüber schütteln, wie wenige, angeblich Explorer-Interessierte Investoren, die News lesen.

Die Meldung kam um 17.oo h, ich hab sie um 18.oo h entdeckt und mir gleich mal wieder ne schöne Portion gekauft. Ein einziger anderer Trade war in dieser Zeit noch und dann erstmal wieder längere Zeit nichts.

Na ja, langsam scheint der Markt aufzuwachen...

[tradepunk]

Seit langem mal wieder über eine Million Stücke Umsatz! Davon alleine eine Einzelorder mit über 400.000 Stück! Der letzte Steilanstieg im April wurde durch eine 10-Millionen-Stück-Order (mit-)ausgelöst und brachte innerhalb von ein paar Tagen ein Kursplus von 133%.

Wenn ich diesmal von 0,42 ausgehe und 133% dazunehme, komme ich auf 0,98 CAD. Die einzige Hürde auf dem Weg dahin, ist Charttechnisch das April-Hoch bei 0,70 CAD. Der relativ schnelle Durchmarsch auf den Dollar ist daher gut denkbar. Und die große Frage ist erst, was an der wichtigen psychologischen Schwelle von 1 CAD passiert. Wenn es bis dahin auch entsprechende News gibt, die den Anstieg unterfüttern, sind auch schnell deutlich höhere Notierungen denkbar.

Argumente, die eine Bewertung von über 3 CAD rechtfertigen, gab es auch in der Vergangenheit schon ausreichend. Aber mittlerweile wird auch die China-Phantasie, sowohl allgemein, als auch und gerade Erdene-spezifisch, täglich größer.

Erdene Resource Development Corporation (ERD)
Exchange: Toronto Stock Exchange

$0.510
Sep 23, 2010, 3:56 PM EDT
Change: 0.090 (21.43%)
Volume: 1,114,900

Day Low
0.450
Day High
0.550
52 Week Low
0.215
52 Week High
0.700

[tradepunk]

Aus der gestrigen News:

Zuun Mod Exploration

In early 2010, Erdene contracted Wave Geophysics, LLC to provide a model and interpretation of all geological, geochemical and geophysical data from the Zuun Mod project with a focus on identifying additional exploration targets in the vicinity of the Zuun Mod Mo-Cu deposit. This study was received during the second quarter. While the final results are still being evaluated, several new drill targets have been identified and preparations are underway to conduct a specialized geophysical induced polarization survey over the area to the southwest and along strike from the Zuun Mod deposit to test for possible extensions of mineralization in this area and to better define and prioritize drill targets. The planned survey will be carried out over 48 line-kilometres and will cover an area of approximately 21 square kilometres. This program is expected to start before the end of September.

Das dürfte sogar wichtiger sein, als der eigentliche News-Anlass (ERD starts initial drilling Normin)!

Also dürfte auch hier der Herbst noch einige schöne News erwarten lassen...

[tradepunk]

Antwort auf Beitrag Nr.: 40.204.084 von tradepunk am 24.09.10 11:38:23

und weiter gehts:

Drilling Commences at Erdene's Zuun Mod Molybdenum Project, Program to Include Drilling of Khuvyn Khar Porphyry Copper Target

HALIFAX, NOVA SCOTIA, Nov. 2, 2010 (Marketwire) -- Erdene Resource Development Corp. ("Erdene" or "Company") (TSX:ERD) today announced that a 4000-metre drilling program will commence this week on molybdenum and copper targets on the Khuvyn Khar Licence, which will include extension and confirmation drilling of Erdene's 100% owned Zuun Mod molybdenum-copper deposit and drilling of untested porphyry copper geophysical targets.

Zuun Mod Drilling

The Zuun Mod drill program is designed to more fully outline the molybdenum-copper resource in areas expected to be initially developed for mining and to expand resources in the higher grade zones in the North Racetrack deposit area. The information derived from this program will be used to define a more extensive prefeasibility drill program designed to upgrade the inferred resources to measured and indicated resource categories. The Zuun Mod deposit currently contains a National Instrument 43-101 compliant resource of 215 million pounds ("Mlbs") of molybdenum in the Measured and Indicated ("M&I") category, grading 0.054% Mo, and a further 208Mlbs in the Inferred category grading 0.051% Mo, making it one of the largest undeveloped molybdenum-copper deposits in the Asia region. Within this envelope of 0.05% Mo mineralization, are higher grade zones averaging approximately 0.07% Mo totalling 69Mlbs of molybdenum in the M&I category and 44Mlbs of molybdenum in the Inferred category with similar copper grades.

In the south-eastern portion of the North Racetrack Deposit, drilling will test areas adjacent to a target that previously returned 412 metres averaging 0.061% Mo and 0.067% Cu beginning at 38 metres. This hole remains open at depth and to the southeast and is untested for approximately 300 metres to the west. Two high-grade zones within this hole include a 66 metre intercept grading 0.10% Mo and 0.10% Cu beginning at 212 metres and a second 58 metre intercept starting at 338 metres that returned 0.12% Mo and 0.08% Cu. These two zones are within a 244 metre intercept from 206 to 450 metres (end of hole) that averaged 0.079% Mo and 0.076% Cu.

In addition to the drilling program, other Zuun Mod projects are underway including engineering studies, hyrdro-geologic drilling to identify the source for process water and a CSAMT (Controlled Source Audio-frequency Magnetotelluric) geophysical survey designed to test for resistive bodies under pediment in the Zuun Mod area. The Company's independent technical consultant, Minarco Mineconsult (Runge), is currently completing Stage II of a pit optimization study to assess various mine scheduling scenarios for a range of production profiles and molybdenum revenue rates. This study is expected to be completed in mid-December and will provide high level production scheduling, a review of operating and capital costs, and economic modelling.

Khuvyn Khar Copper Prospect Drilling (at Zuun Mod)

In 2003, two priority targets were identified on the Khuvyn Khar / Zuun Mod exploration license, one of which evolved into the Zuun Mod molybdenum-copper deposit as a result of exploration by Erdene in the period 2006 to 2009. The second area, the Khuvyn Khar copper target, is located 2.5 kilometres northwest of the Zuun Mod deposit in the northern portion of a 12 kilometre annular feature defined by alteration and geochemical anomalies and referred to as the Zuun Mod porphyry complex. This prospect has received only limited exploration to date. A recently completed study by Wave Geophysics of Colorado has identified several prospective areas that will be tested by drilling in the 4th quarter of 2010.

The Khuvyn Khar copper target measures approximately two kilometres in diameter and is defined by coincident geophysical and copper geochemical anomalies within a zone of moderate to intense porphyry copper-molybdenum related alteration. Previous drilling along the periphery of the newly defined chargeability anomalies has identified significant copper mineralization. Three of the four holes in the area intercepted low-grade copper values (0.1% to 0.2% Cu) associated with intense potassic alteration over intervals of 20 to 172 metres. One drill hole intersected a 12 metre interval that returned 0.30% Cu, 0.02% Mo and 2.2g/t Ag, coincident with the edge of the targeted chargeability anomaly. The Khuvyn Khar prospect remains untested below 250 metres depth and for over one kilometre north of this hole and approximately two kilometres to the southwest where the chargeability anomaly intensifies.

Qualified Person

J.C. (Chris) Cowan, P.Eng. (Ontario) is a Qualified Person as that term is defined in National Instrument 43-101 and has reviewed and approved the technical information contained in this news release. All samples have been assayed at SGS Laboratory in Ulaanbaatar, Mongolia. In addition to internal checks by SGS Laboratory, the Company incorporates a QA/QC sample protocol utilizing prepared standards, blanks and duplicates.

About Erdene

Erdene Resource Development Corp. is a diversified resource company with multiple projects at various stages of development from exploration to production, all focused on high-growth commodities. Erdene has a current working capital position of approximately $9.8 million, including that of its controlled subsidiary Advanced Primary Minerals Corporation, with 89,230,877 common shares issued and outstanding and a fully diluted position of 93,734,877 common shares.

Forward-Looking Statements

Certain information regarding Erdene contained herein may constitute forward-looking statements within the meaning of applicable securities laws. Forward-looking statements may include estimates, plans, expectations, opinions, forecasts, projections, guidance or other statements that are not statements of fact. Although Erdene believes that the expectations reflected in such forward-looking statements are reasonable, it can give no assurance that such expectations will prove to have been correct. Erdene cautions that actual performance will be affected by a number of factors, most of which are beyond its control, and that future events and results may vary substantially from what Erdene currently foresees. Factors that could cause actual results to differ materially from those in forward-looking statements include market prices, exploitation and exploration results, continued availability of capital and financing and general economic, market or business conditions. Discussion of the various factors that may affect future results is contained in Erdene's Annual Information Form dated March 29, 2010, which is available at www.sedar.com. The forward-looking statements are expressly qualified in their entirety by this cautionary statement. The information contained herein is stated as of the current date and subject to change after that date and Erdene does not assume the obligation to revise or update these forward-looking statements, except as may be required under applicable securities laws.

Erdene Resource Development Corp. President and CEO Erdene Resource Development Corp. Vice President Business Strategy and CFO 902-423-6419 [e-mail] www.erdene.com

http://tmx.quotemedia.com/article.php?newsid=35304809&qm_sym…

[tradepunk]

...und alles ohne irgendein BB-Gepushe! (Hoffentlich bleibt das auch noch eine Weile so!)

Qualität hat so was halt nicht nötig!

Wer den Thread gelesen hat weiß, daß allein Donkin bereits eine um ca. 5 mal höhere MK als aktuell rechtfertigen würde.

Alles was derzeit in der Mongolei passiert, kommt als Zusatzschmankerl obendrauf und finanziert sich aus dem kurz vor Start stehenden Abbau auf Donkin. Von den Kursen, die man hier in ein paar Jahren erwarten darf, wenn die Mongolei-Projekte anfangen Geld zu verdienen, wage ich heute noch gar nicht zu träumen. (Würde mich eh jeder für verrückt erklären!)

Ein finanzielles Risiko für Erdene (und seine Aktionäre) gibt es weiterhin nicht, da der Mehrheitspartner XSTRATA alles bezahlt. (Und falls man doch mal eigenes Geld in die Hand nehmen müßte: es ist genug da; die "Kriegskasse" ist weiterhin prall gefüllt!)

ERDENE bleibt weiterhin mein Lieblings-Rohstoffwert; KZ für 2011 bleibt bei min. 5,- C$!

(Und wenn ich weiterhin der einzige bleibe, den das auf W-O interessiert! Oder vielleicht fühle ich mich auch gerade deshalb so wohl in diesem Invest?)

[Popeye82]

Antwort auf Beitrag Nr.: 40.444.602 von tradepunk am 03.11.10 13:36:01

Hi,

Du kapierst es glaube ich langsam.


So ziemlich die gleiche "Wandlung"/Erkenntnis hab´ ich glaube ich auch durchgemacht -mittlerweile interessierts mich marginal above0 -if I´m the only One, or One off Millions. Diese überlaufenen stören mich inzwischen eigentlich eher. Soll einem ja schliesslich noch jemand zu besseren Kursen abkaufen, das Zeug.

Hold the fort, in these issue!! -&your Account won´t resent it to you.

Gruß
P.

[tradepunk]

Antwort auf Beitrag Nr.: 40.445.150 von Popeye82 am 03.11.10 14:39:25

Wieder so ne Gemeinsamkeit von Frauen und Aktien. Die, die Alle toll finden, taugen meist nix! (Und diese Erfahrung zu machen, anstatt es einfach denen zu glauben, die sie schon gemacht haben, ist auch in beiden Fällen teuer (gewesen!)

Auch Gruß, tp

[Popeye82]

Antwort auf Beitrag Nr.: 40.445.490 von tradepunk am 03.11.10 15:14:04

Also IHR Haus, Ihr Auto, Ihr Boot ...??

Gruß
P.

[mathewstreet]

Antwort auf Beitrag Nr.: 40.444.602 von tradepunk am 03.11.10 13:36:01

Nein, Du bist nicht allein...

[allida]

Feb 01, 2011 09:43 ET
Erdene Discovers New Copper Zone at Zuun Mod Project, Mongolia Khuvyn Khar Drilling Returns 34 Metres of 1.3% Copper

HALIFAX, NOVA SCOTIA--(Marketwire - Feb. 1, 2011) - Erdene Resource Development Corp. ("Erdene") (TSX:ERD) is pleased to announce a new copper discovery on its wholly owned Zuun Mod project in south-western Mongolia.

"We are very pleased by this new copper discovery located over two kilometres northwest of the existing Zuun Mod molybdenum/copper resource and look forward to the resumption of drilling in the near future," said Peter Akerley, President and CEO. "This intersection of significant copper mineralization further illustrates the potential for new discoveries within the large porphyry system at Zuun Mod."

As part of a recent drilling program at Zuun Mod, three vertical holes were completed in December 2010 to test geophysical and geochemical targets outside the area of the main molybdenum deposit. Drill hole ZMD-121, located approximately 2.2 kilometres northwest of the northern extent of the main molybdenum deposit, intersected a monzonite hosted breccia intruding a package of dacite and andesite porphyry. The monzonite hosted breccia zone returned 34 metres of 1.3% copper from 308 to 342 metres. This mineralized zone included a 10 metre section of 3.1% copper (maximum value for 2-metre samples was 4.1% copper). A drill rig remains on site and a follow-up program is now being designed for the resumption of drilling. Maps showing the location of drill hole ZMD-121 and photos of mineralized drill core are available on Erdene's website at www.erdene.com.

Khuvyn Khar Copper Prospect Drilling (at Zuun Mod)

Hole ZMD-121, drilled in the north-central portion of the Zuun Mod licence in a target area referred to as Khuvyn Khar (meaning Black Cirque), has intersected a new zone of greater than one percent copper. The copper zone was intersected at 308 metres depth coincident with both a dipole-dipole chargeability high and an RTP (reduced to pole) magnetic low geophysical signature. This geophysical anomaly is interpreted to reflect magnetite destructive alteration and metallic mineralization associated with a buried granodiorite-monzonite intrusive. The target area is also defined by surface geochemical molybdenum and copper anomalies. The remainder of the hole has elevated copper values averaging 781 ppm Cu from 5 metres to 308 metres (above the higher-grade zone) and 542 ppm Cu from 342 metres to end of hole at 378 metres (below the higher-grade zone). Analytical results have only been returned for copper and molybdenum with additional analysis for other metals now being completed. The Khuvyn Khar prospect remains untested below 378 metres depth (ZMD-121) and is open to the north and west. To the east, two holes have been previously drilled, ZMD-08 (450 metres to the east-northeast) which returned 0.10% Cu over 26 metres and KKMD-13 (800 metres to the southeast) which returned 152 metres of 0.16% Cu including 32 metres of 0.22% Cu.

Erdene controls the Zuun Mod deposit through a single exploration license totaling 30,650 hectares, located in Bayankhongor Province in Mongolia, approximately 950 kilometers southwest of Ulaanbaatar and 215 kilometers from railhead on the Mongolia-China border at Ceke. The railhead is located 20 kilometers south of the Nariin Sukhait and Ovoot Tolgoi coal mines in Southern Mongolia.

Qualified Person

J.C. (Chris) Cowan, P.Eng. (Ontario) is a Qualified Person as that term is defined in National Instrument 43-101 and has reviewed and approved the technical information contained in this news release. All samples have been assayed at SGS Laboratory in Ulaanbaatar, Mongolia. In addition to internal checks by SGS Laboratory, the company incorporates a QA/QC sample protocol utilizing prepared standards, blanks and duplicates.

About Erdene

Erdene Resource Development Corp. is a diversified resource company with multiple projects at various stages of development from exploration to production; all projects are focused on high-growth commodities. Erdene has a current working capital position of approximately $7.6 million, including that of its controlled subsidiary Advanced Primary Minerals Corp., with 90,018,377 common shares issued and outstanding and a fully diluted position of 93,731,377 common shares.

[mathewstreet]

Erdene Reports Additional Results from Mongolian Copper Discovery

Includes 34 Metres of 9.24 g/t Silver with 1.3% Copper

Drill program to Commence in April

Halifax, Nova Scotia - March 4, 2011 - Erdene Resource Development Corp. ("Erdene") (TSX:ERD) is pleased to announce final analytical results for its new porphyry copper discovery on the wholly owned Zuun Mod project in south-western Mongolia.

"Our encouragement from the initial copper discovery reported February 1, 2011 strengthened considerably with confirmation that the previously reported 34 metre intersection of 1.3% copper also contains 9.24 g/t of silver", said Peter Akerley, President and CEO. "We believe the Zuun Mod complex has tremendous additional mineral potential and we eagerly await the results of an expanded drill program that will commence in early April."

As part of a recent exploratory drilling program at Zuun Mod, three vertical holes were completed to test geophysical and geochemical targets outside the area of the main molybdenum-copper deposit. Drill hole ZMD-121, located approximately 2.2 kilometres northwest of the main molybdenum deposit, intersected a monzonite hosted breccia intruding a package of dacite, rhyolite and andesite porphyry. The zone returned 34 metres of 1.3% copper and 9.24 g/t silver from 308 to 342 metres. This mineralized zone included a 10 metre section of 3.1% copper and 22.2 g/t silver (maximum value for 2-metre samples was 4.1% copper and 27 g/t silver). Details of the mineralized zone follow:



A drill rig remains on site and a follow-up program is being designed for the resumption of drilling of a significant geophysical target in the vicinity of the discovery hole in early April. Maps showing the location of drill hole ZMD-121 and photos of mineralized drill core are available on Erdene's website at www.erdene.com.

Khuvyn Khar Copper Prospect Drilling (at Zuun Mod)

Hole ZMD-121, drilled in the north-central portion of the Zuun Mod licence, a target area referred to as Khuvyn Khar (meaning Black Cirque), intersected a new copper/silver zone at 308 metres depth coincident with both a dipole-dipole chargeability high and an RTP (reduced to pole) magnetic low geophysical signature. This geophysical anomaly is interpreted to reflect magnetite destructive alteration and metallic mineralization associated with a buried granodiorite-monzonite intrusive. The target area is also defined by surface geochemical molybdenum and copper anomalies. The remainder of the hole returned elevated copper values averaging 781 ppm Cu from 5 metres to 308 metres (above the higher-grade zone) and 542 ppm Cu from 342 metres to the end of hole at 378 metres (below the higher-grade zone). The Khuvyn Khar prospect remains untested below 378 metres depth (ZMD-121) and is open to the north, south and west. To the east, two previously drilled holes, ZMD-08 (450 metres to the east-northeast) and KKMD-13 (800 metres to the southeast) returned 0.10% Cu over 26 metres and 152 metres of 0.16% Cu including 32 metres of 0.22% Cu, respectively. ZMD-121 intersected the northern margin of a large, buried chargeability anomaly. Although surface exposure is limited, a silicification zone has been mapped locally above this geophysical anomaly.

Erdene controls the Zuun Mod deposit through a single exploration license totaling 30,650 hectares, located in Bayankhongor Province in Mongolia, approximately 950 kilometers southwest of Ulaanbaatar and 215 kilometers from railhead on the Mongolia-China border at Ceke. The railhead is located 20 kilometers south of the Nariin Sukhait and Ovoot Tolgoi coal mines.

Qualified Person

J.C. (Chris) Cowan, P.Eng. (Ontario) is a Qualified Person as that term is defined in National Instrument 43-101 and has reviewed and approved the technical information contained in this news release. All samples have been assayed at SGS Laboratory in Ulaanbaatar, Mongolia. In addition to internal checks by SGS Laboratory, the company incorporates a QA/QC sample protocol utilizing prepared standards, blanks and duplicates.

[mathewstreet]

Leute, das ist doch eine ordentliche Nachricht :-)

[mathewstreet]

Antwort auf Beitrag Nr.: 41.150.844 von mathewstreet am 04.03.11 20:11:04

und es dauerte erstaunlich lange, bis sie durchschlägt. dabei hat erdene doch wirklich etwas zu bieten. ein breites spektrum von rohstoffen noch dazu...

[mathewstreet]

wahnsinn, was ist da im busch? erdene steuert auf ein ath zu, was ungefähr dem ausgabekurs zu 1,40 cad entspräche, auf gehts

[mathewstreet]

erdene, der unentdekcte wert, geht ab.

[mathewstreet]

sehen wir heute noch die 1,40 cad?

[tradepunk]

Ihr (grundsätzlich interessierten Leute) müßt echt mal öfters bei Erdene.com vorbeischauen! Is ja nicht so, daß nix läuft! Im Ggg.teil.........

http://www.erdene.com/projects40/galleryGreenfields/mapsPhot…

Immer wieder erstaunlich, daß die besten von den "Diggers" am wenigsten beachtet werden. Und aber, obwohl doch eigentlich ein Schutz vor den Mainstream-Invests, "meine" Werte leider in Down-Phasen auch nach unten gehen, dürften sie doch langfristig die beste Variante sein.

AVL hat gezeigt, wieweit es schon beim "nur Riechen des Erfolgs" gehen konnte; ERD mit dem Run auf 1,80 ebenfalls. (Daß mein koservativer deutscher Favorit "Deutsche Rohstoff AG" bei derzeitigen Kursen um die 10€ ein Geschenk ist, dürfte für Informierte ebenso eindeutig sein!)

Avalon habe ich länger nicht mehr aktiv verfolgt, kann insofern nicht viel dazu sagen; aber bzgl. ERD: Stehen mittlerweile besser als je zu vor da! Mir ein Rätsel, wieso die Aktie immer noch unter ... (? 2-5 Dollar wären sicher angemessen) steht!

Andrerseits liebe ich auch genau deshalb diese Rohstoffcompanys, die nicht im Mittelpunkt bezahlter Push-IR stehen...