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).

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Mandalay Resources Corp.

Bullboard Posts

Comment by Sherry35on Oct 16, 2018 2:37pm

31 Views

Post# 28812177

RE:RE:RE:House 53 is taking us down - blew through 9.5 cents

This is a hedge fund or fund(s) unwinding their position. I think it started oround, or continued with, the 8M share trade at the end of April/18. I think hedgefund took a major naked short knowing CI Cambridge was exiting their position. If hedge fund knows a mutual fund is unloading shares, with poor liquidity, you bet your bottom doolar their going to short the stock.

The interesting thing is MND has made no comment on the trading. And, no comment from IIROC.

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