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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 Costerfield operation is located in Victoria, Australia, within the Costerfield mining district, approximately 10 km northeast of the town of Heathcote, Victoria. Youle and Shepherd are the main source of material for Costerfield. The Costerfield operation has a land package of approximately 1,219 hectares. 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 Bjorkdal mine produces ore from the Aurora zone underground mine, as well as from a stockpile of low-grade material accumulated over the course of its life of mine. The Bjorkdal operation has a land package of around 12,949 hectares. Its non-core properties include Lupin mines (Canada) and La Quebrada (Chile).


TSX:MND - Post by User

Bullboard Posts
Comment by wwjdon Aug 04, 2017 10:52am
177 Views
Post# 26547456

RE:RE:RE:RE:RE:RE:RE:More buying

RE:RE:RE:RE:RE:RE:RE:More buyingFlooded mine with two dead, Financer has killed the dividend and management is keeping quiet on any news (good or bad) - that's it; Markets hate this kind of stuff.... When the dust settles and there is even a 5% bump in Gold prices this thing will be back at $0.60-0.90 or more. - I am stacking at these levels as $USA currency starts to waver. Yes its a gamble but the downside is small right now, upside is a 2-3 bagger
Bullboard Posts