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.

Bullboard Posts

Comment by Sherry35on Dec 07, 2018 7:01pm

37 Views

Post# 29085484

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

I noticed gold riding a northly air stream as well. However, House 001 seller is still in the game the past 4 trading days. Until this overhang of shares is in safe hands, we're going to drift sideways. BMO has been sporatically selling on and off. This could be institutions balancing portfolios.

I'm hoping this dumping (and/or churning) ends before year end.

Date	House 001 Volume	House 001 $Volume	Total Volume	%TVol	Avg PPS	5D MA %TVol
December 7, 2018	280000	$16,805	802200	34.90%	$0.060	36.57%
December 6, 2018	257000	$14,590	633500	40.57%	$0.057	35.15%
December 5, 2018	281600	$17,061	515532	54.62%	$0.061	32.90%
December 4, 2018	322000	$21,205	756714	42.55%	$0.066	28.16%