Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

Mandalay Resources Corp. T.MND

Alternate Symbol(s):  MNDJF

Mandalay Resources Corporation is a Canada-based natural resource company with producing assets in Australia (Costerfield gold-antimony mine) and Sweden (Bjorkdal gold mine). The Company’s operations include the Costerfield mine, Bjorkdal mine, and non-core operations. The Costerfield mine operation is located in Victoria, Australia, within the Costerfield mining district, approximately 10 kilometers (km) northeast of the town of Heathcote, Victoria. The Bjorkdal operation is located within the Boliden mining district, approximately 28 km northwest of the municipality of Skelleftea and approximately 750 km north of Stockholm. The Company’s non-core properties include La Quebrada and Lupin. The Company's La Quebrada is a copper-silver development property located in the Coquimbo Region of Chile, neighboring the Minera San Geronimo owned Tugal open pit.


TSX:MND - Post by User

Bullboard Posts
Comment by Packiceon Oct 31, 2012 11:25am
221 Views
Post# 20544376

RE: RE: Is it the one?

RE: RE: Is it the one?

Could be the one - Q3 most probably will confirm sustainable EPS of 5cents/share per quarter. Thus hinting at a much higher share price going forward.

An amusing take on our Antmony resources:

https://www.theaureport.com/pub/na/14664

Or more in detail:

TCMR: Why should investors be interested in antimony?

CE: It's got one of the best price dynamics out there. Largely, the demand is going up, but the supply is going down. And there is no quick fix. There is no Molycorp or Lynas that's going to be on the scene to build a mega-antimony mine, because mega-antimony mines do not exist. They never have. Except for that one freakishly large mine in China, all the rest are miniscule.

TCMR: Antimony is usually produced as a byproduct. Are there any publicly traded companies producing antimony as a byproduct that you're following?

CE:Mandalay Resources Corp. (MND:TSX) would like us to believe that it's a gold company producing antimony, but I think it is more of an antimony company with a gold byproduct. Antimony often occurs with some other metal, like lead or gold. If a company can get antimony and gold together, it's hit the jackpot. Mandalay has that. It also has enormous potential to develop other antimony mines.

TCMR: About 70% of Mandalay is controlled by institutional investors. Is that cause for concern?

CE: No, it's great. I like that. The more institutional investors, the better. The market loves that come hell or high water.

TCMR: It seems to be fairly well situated, too, in that there's infrastructure around it.

CE: Yes, there are roads and railroads there. It's a really old mine; it was found in the 1860s. It just goes to show that tungsten and antimony mines can go on forever. There are some interesting things going on in reviving old antimony mines in the Maritime provinces in Canada. Nova Scotia to the heartland is where production has been in the past. Watch that area because that's where you're going to start seeing it happen again.

BR from a newly arrved shareholder.

Bullboard Posts