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.

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Post by Sherry35on Oct 17, 2018 11:24pm

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Post# 28824535

House 011 trading.

Interesting enough Macquarie dabbles in hedge funds. "A specialist in managing market-neutral hedge funds, we employ strategies that aim to exploit inefficiencies in the listed equity markets in a relatively low-risk manner."

https://www.macquarie.com/ca/corporate/asset-management/alternatives/

Maybe they are hedging the stock as well.

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