BDGR confirmed buyback
OIL CITY, LA--(MARKET WIRE)--Jul 10, 2007 -- Black Dragon Resource Companies, Inc. (Other OTC:BDGR.PK - News) management today announced that, on or around July 3rd, the Company acquired 500,000 shares of BDGR stock in the open market. It is the intention of Black Dragon, once it is cash flow positive, to buy shares back every month until it has retired 50% of the float. It is estimated that this goal will take about 4 years.