09:46 AM EST - Erdene Resource Development Corp. : reported a second-quarter net loss of $1.5 million or $0.02 per share, compared to a loss of $724,600 or $0.01 per share in the same quarter last year. The loss for the quarter includes a write down of non performing assets of $961,000. For the quarter, exploration and operating expenses were $681,900, compared to $222,500 in the year-ago quarter. Including capitalized costs and excluding write-offs, exploration expenses were $1.0 million, down from $2.9 million in the comparable quarter last year. Erdene Resource Development Corp.
shares T.ERD are trading even at $0.22.
