Yes they definitely would have to change the name and you never know stranger things have happened. From what I have read Silver Dragon own 40% of Sanhe Sino-Top Resources & Technologies, Ltd. which is from China.
Also interesting was this release that just came out Dec 23. Seems an abrupt change of plans came about and they don't elaborate on their plans:
Silver Dragon Terminates Equity Transfer Agreement to Sell Erbahuo Mine
BEIJING, December 23, 2009 (PRIME NEWSWIRE) -- Silver Dragon Resources Inc. (OTCBB: SDRG) announces that it has terminated the previously announced definitive agreement to sell its 70% equity interest in the Erbahuo polymetallic project in China and its 70 % ownership in the Chinese subsidiary, Chifeng Silver Dragon Resources & Technologies, Ltd., to a private Chinese investor. Silver Dragon will pursue and implement an alternative strategic plan.
Under the original signed definitive agreement the Chinese investor committed to pay Silver Dragon a deposit of RMB1.8 million, or ~US$260,000 within three business days after signing the definitive agreement, with the balance of RMB 4.2 million, or US$622,000 due upon Chinese Ministry of Commerce approval.
Silver Dragon will not sell the Erbahuo silver mine and will instead implement an alternative strategic plan which includes a 2010 listing on a major Canadian stock exchange.
