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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

Post by Lowcapmocapon Jun 16, 2023 3:44pm
180 Views
Post# 35500842

Any thoughts?

Any thoughts?Anyone think they have an idea for the sell off? It's sold off harder than the rest of the sector recently.

I understand this year MND will mostly likely not hit guidance at all but this was know for quite awhile. Seems like someone wants out asap.

Like MND would not be my choice of gold miner right now but this seems a little excessive. We still have a few tailwinds for the company in the short to medium run (hedge coming off, permitting in Sweden should come anyday)

Is there something I'm not aware off?
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