Mandalay Resources Corp. T.MND

Alternate Symbol(s): MNDJF

Metals & Mining Gold

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.

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Mandalay Resources Corp. > Possible explanation

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Post by Nick2021on Dec 17, 2022 7:29pm

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Post# 35178049

Possible explanation

This wouldn't explain the strong moves over the past two weeks (probably), but a number of silver miners/juniors went up by 10%+ yesterday, and it seems to be because of a silver ETF, SILJ, rebalancing. This is just a graphic off of Twitter, but it looks like they've doubled their holding in Mandalay.