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 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

Mandalay Resources Corp.

Bullboard Posts

Comment by FillingMyBootson Apr 16, 2018 3:55pm

113 Views

Post# 27893224

RE:RE:RE:RE:RE:500 share orders are back

Weekly Chart over 3 yrs - All time high 07/16 to the low of the past decade 03/18
I am a big believer in the reversion to the mean - 50% retrace = .74
That said i am also a big believer gold is the trade for the next year or two and this downtrodden overpunished ticker will is becoming one my larger tickets in this space
38.2% is .60 where we left off just before the accident
.41 - .60 very little resistance

https://schrts.co/M6QFx7

Daily Chart over 1 year to give us some near term targets
Pockets of resistance to .41 First resistance .26 - then .31 then .35 to .41
Support ... we have none lol BUT we do have higher lows and higher highs so I added a few .215's
I may be one buy away from getting my average in to 20's ..Go big or go home right?