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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 Sherry35on Dec 04, 2018 11:35pm
67 Views
Post# 29066065

RE:RE:RE:RE:RE:RE:RE:30 cent's it is next 6 months

RE:RE:RE:RE:RE:RE:RE:30 cent's it is next 6 monthsYou made a great point about moving the stock north until a major share holder has soldout. Same situation with MND. Someone keepsincrementally   feeding orders onto the ASk at 7 cents today.

Over the 8 trading days, sales from House 001 seller has attenuated. below the traditional 50% of the total sales volume. However, other hosuese keep incrementally feeding shares onto the  ASK.

Why hasn't MND IR made arrangements to have the remainder of the shares bought out in a block trade? Can't agree on a proice? Seller has an axe to grind over the revolver loan (full story won't be in the financials)? Nobody wants to buy the overhang? Seller is waiting for buyers to accumulate cash for the next purchase?

You just have to watch level II and see the iceberg order being slowly unloaded. Maybe the tax loss cutoff deadline will accelerate the closure of the dumping. Until then, all news will hit the floor until the shares are in safe hands.

Row Labels Sum of Volume Sum of $Volume Sum of Volume %TVol Avg PPS 5D MA Vol
December 3, 2018 96500 $6,383 586763 16.45% $0.066 22.53%
November 30, 2018 10000 $650 171276 5.84% $0.065 26.86%
November 29, 2018 32000 $2,080 137400 23.29% $0.065 31.47%
November 28, 2018 126000 $8,185 341600 36.89% $0.065 31.29%
November 27, 2018 71500 $4,735 254300 28.12% $0.066 45.22%
November 26, 2018 71000 $4,915 251607 28.22% $0.069 54.10%
November 23, 2018 196000 $13,395 592670 33.07% $0.068 54.61%
November 22, 2018 125000 $8,275 443900 28.16% $0.066 57.34%
November 21, 2018 1617550 $102,721 3059650 52.87% $0.064 61.01%
November 20, 2018 877000 $48,260 987600 88.80% $0.055 62.10%
November 19, 2018 1473000 $83,750 2768687 53.20% $0.057 65.01%
November 16, 2018 1083000 $62,155 1766657 61.30% $0.057 65.57%
November 15, 2018 1321000 $75,950 1861570 70.96% $0.057 65.49%
November 14, 2018 1233000 $61,225 2256698 54.64% $0.050 67.54%
November 13, 2018 2503000 $126,795 3056372 81.89% $0.051 68.62%
November 12, 2018 2225000 $141,595 3815698 58.31% $0.064 63.12%
November 9, 2018 178121 $12,413 400821 44.44% $0.070 65.68%
November 8, 2018 1853000 $125,080 2303564 80.44% $0.068 65.65%
November 7, 2018 452000 $35,060 932160 48.49% $0.078 53.63%
November 6, 2018 133000 $11,135 217892 61.04% $0.084 81.79%
November 5, 2018 302500 $21,820 589389 51.32% $0.072 80.01%
November 2, 2018 189000 $13,230 419034 45.10% $0.070 81.83%
November 1, 2018 507000 $35,480 794109 63.85% $0.070 75.29%
October 31, 2018 4317000 $317,035 4640843 93.02% $0.073 73.04%
October 30, 2018 24000 $2,020 230329 10.42% $0.084 19.80%
October 29, 2018 79000 $6,480 167977 47.03% $0.082 15.73%
October 26, 2018 36000 $2,885 758393 4.75% $0.080 19.25%
October 25, 2018 143000 $11,440 498763 28.67% $0.080 24.62%
October 24, 2018 120900 $9,568 379602 31.85% $0.079 39.36%
October 23, 2018 22000 $1,765 743932 2.96% $0.080 38.50%
October 22, 2018 417729 $34,263 1460972 28.59% $0.082 55.23%
October 19, 2018 314000 $27,650 1049301 29.92% $0.088 60.37%
October 18, 2018 1093000 $90,095 1365616 80.04% $0.082 65.36%
October 17, 2018 148937 $13,384 563866 26.41% $0.090 54.31%



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