SOURCE: RedChip Companies

March 16, 2006 09:46 ET

RedChip Visibility Initiates Research Coverage on Black Dragon Resource Companies, Inc. With Price Target of $4.00

ORLANDO, FL -- (MARKET WIRE) -- March 16, 2006 -- RedChip Visibility, a division of RedChip Companies, announced today that it has initiated coverage on Black Dragon Resource Companies, Inc. (OTC: BDGR). RedChip Research Analyst Patrick Murphy issued a 12-18 month price target of $4.00.

Assuming there are no surprises in the audited statements, it is likely that the market will take a fresh look at BDGR's stock and the near and long-term growth prospects for the Company. We believe therefore that the stock is currently undervalued and has strong short-term and long-term upside potential.

For your free copy of this research report, click here (http://www.redchip.com/visibility/about.asp?page=requestBDGR).

About Black Dragon

Black Dragon Resource Companies, Inc. is noted for its domestic oil and gas assets located in the Caddo Pine Island region of Louisiana. The company has no exploration risk. Black Dragon's portfolio contains an ever-increasing number of producing wells.

About RedChip Visibility RedChip Visibility brings research on selected small-cap companies to analysts and portfolio managers, and provides small-cap companies access to both professional and individual small-cap investors by holding conferences throughout the United States and writing company sponsored research. For more information, visit http://www.redchip.com/visibility/featuredStocks.asp.

RedChip Visibility Research Disclosure

The analysts contributing to this report do not hold any shares of BDGR. Additionally, the analysts contributing to this report certify that the views expressed herein accurately reflect the analysts' personal views as to the subject securities and issuers. The analysts writing this report recognize and aspire to all of the CFA Institute Guidelines for Independent Research. RedChip Companies, Inc. ("RedChip") certifies that no part of the analysts' compensation was, is, or will be, directly or indirectly, related to the specific recommendation or views expressed by the analysts in the report. Additional information on the securities mentioned in this report is available upon request. This report is based on data obtained from sources we believe to be reliable, but is not guaranteed as to accuracy and does not purport to be complete. As such, the report should not be construed as advice designed to meet the particular investment needs of any investor. Any opinions expressed herein are subject to change. RedChip Companies Inc. is an affiliate of the Aurelius Consulting Group, Inc. Black Dragon Resource Companies, Inc. is a client of the Aurelius Consulting Group, Inc. and of RedChip Visibility, a division of RedChip Companies. BDGR paid RedChip Visibility $36,000 for the RedChip Visibility program, which includes this report.

RedChip Visibility/Aurelius Consulting Group Inc. Disclosures

RedChip Visibility, a division of RedChip Companies, Inc., and the Aurelius Consulting Group Inc. in a joint marketing agreement have been contracted by Black Dragon Resource Companies, Inc. to increase investor awareness of BDGR to the small-cap equity community. These services may include investor conferences and digital and print distribution of BDGR investor related materials. RedChip Visibility and the Aurelius Consulting Group Inc. will receive $15,000 per month for these services.

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