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SLAM DRILLS MORE COPPER MINERALIZATION AT GOODWIN (click to learn more)
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Bullboard - Stock Discussion Forum 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... see more

TSX:MND - Post Discussion

Mandalay Resources Corp. > 4 large investors
View:
Post by ontheroad1 on May 15, 2024 6:41am

4 large investors

Hello Nick, you have been a shareholder since 2017.. right? You've been through quite a bit and still here despite. You mentioned the company almost went under and would have gone under without the support of these large shareholders. It hit me all of a sudden, could these 4 large shareholders be stuck and are just looking to create a vehicle to exit their large positions? Is this why the new CEO was brought in? Like to hear your thoughts.
Comment by Nick2021 on May 15, 2024 2:03pm
I dunno -- I have no idea what they think or plan.  One of them at least has a close association with MND, and is led by (I believe) a former CEO of the company.   I personally feel like the stock is behaving differently than it has in the past.  Then it was illiquid too, but the company rallied fast when gold stocks rallied; you got more leverage than with other companies ...more  
Mandalay Resources Corp.
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