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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 Hockeynut2on Nov 01, 2018 11:10am
54 Views
Post# 28908000

RE:RE:now a pessimistic post

RE:RE:now a pessimistic postGood Morning Albertan. In the past I held this company for many years. It was one of my favorites. Would sell half on the spikes and buy it back on the dips, collecting the dividend along the way. Anyone on BNN who commented never had anything bad to say. Cerro changed all that and I think it's the sole reason for the ongoing decline in share price. Care and maintenance can't go on forever and combined with the possibility of liability in the form of fines to the government and money to the families, it stifles any buying interest.

It's turned into a sad story with an unknown ending and for everyone here I hope there is a speedy resolution in Chile. I watch this stock daily and I will be a buyer when the solution comes for Cerro. GLTA

Bullboard Posts