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 Nov 02, 2018 11:13am

123 Views

Post# 28914367

RE:RE:RE:RE:RE:RE:RE:Institutional Buying Mkt Shares Question

I understand what you are saying. In MNDs situation, it doesn't preclude a Eric Sprott like person from accumulating MND shares at this very discounted prices.

I'm wondering if there is stealth proxy buying these shares below 10 cents with the intent to sell to a mjor holder above 10 cents. It could be a micro cap holding company flying under the 10% holder limit. Just a thought.

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