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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 the_ocotilloon Jan 16, 2018 3:57pm
203 Views
Post# 27371054

RE:very good quarter results !!

RE:very good quarter results !!So I've owned various positions in this stock since it was Gold Ore Resources (then stolen by Elgin Mining which was then acquired by Mandalay). I have heard alot of rhetoric from prior management teams about increasing Bjorkdal production but none of them delivered. The guys running Mandalay seem to have a handle on Bjorkdal, I don't think 4Q numbers are going to be repeated but nonetheless the number they posted caused my jaw to drop (some drool on the keyboard but it should be OK). I'm a buyer of the MNDJF shares right now. Cerro Bayo is still a mess but maybe the damage won't be as bad as current share price suggests. 
Bullboard Posts