SOURCE: MD Family Limited Partnership

December 18, 2012 09:30 ET

MD Family Limited Partnership Highlights Earth Dragon Resources Inc.

FORT LAUDERDALE, FL--(Marketwire - Dec 18, 2012) -  MD Family Limited Partnership has identified a unique company, Earth Dragon Resources Inc, that it feels could be a significant investment opportunity. Outlined below are excerpts from two of the company's recent press releases.

Earth Dragon Resources, Inc. and its wholly-owned subsidiary, Project X, Inc., have entered into a New Joint Venture Agreement with Deep Marine Salvage ("DMS") to create a joint venture to salvage cargo from certain identified shipwrecks (the "Joint Venture"). A copy of the new Joint Venture Agreement has been filed as an Exhibit to Earth Dragon's Current Report on Form 8-K filed with the date September 11, 2012 at http://www.sec.gov/.

The Joint Venture currently has permits from the British Government for three shipwrecks. Research indicates two of them were carrying gold while the third contains a cargo of silver. Due to time constraints and a closing good weather window only the two ships containing gold could be surveyed in the time available. Further work on the third wreck containing silver is scheduled for the spring of 2013.

EARH could receive up to approximately $650 million from the recovery assuming 100% of the cargo on all 3 wrecks is salvaged and gold and silver prices remain at today's levels.

About Earth Dragon Resources, Inc: Earth Dragon Resources, Inc. identifies opportunities globally in the recovery of precious metals on both land and sea. Earth Dragon Resources, Inc. primary focus is to identify, perform due diligence, structure and fund opportunities that have potential to enhance shareholder value. Earth Dragon Resources, Inc. wholly owned subsidiary, Project X, Inc., is the marine salvage division. Project X, Inc. at is in the planning and financing stage of recovering 3 WW1 wrecks that research shows contain gold and other precious metals.

About MD Family Limited Partnership: MD Family Limited Partnership is a family partnership that seeks out exciting investment opportunities in the U.S., OTC stock market and disseminates this information through their URL forbiddenpennystocks.com for the public to view, at no cost to the viewer.

MD Family Limited Partnership and/or Dan Black have not received any payment or any other form of compensation or consideration for disseminating this information.

Forward-looking Statements: Statements about future expectations are "forward-looking statements", which are not guarantees of future performance. When used herein, the words "may," "will," "should," "anticipate," "believe," "appear," "intend," "plan," "expect," "estimate," "approximate," "potential" and similar expressions are intended to identify such forward-looking statements. These statements involve risks and uncertainties inherent in this business, including those set forth in Earth Dragon Resources, Inc.'s filings with the Securities and Exchange Commission (SEC), and are subject to change at any time. Earth Dragon Resources, Inc.'s actual results could differ materially from these forward-looking statements. Earth Dragon Resources, Inc.'s undertakes no obligation to update publicly any forward-looking statement.

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