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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 08, 2018 1:43pm
60 Views
Post# 29087204

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

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:30 cent's it is next 6 monthsI'm curious to know the typical events, outside the quarterly/annual financials, trigger a blackout period. The fiancials has been over since November 08, 2018. Another possibility is major business event that would trigger a surge in price like a buyout.

There is ongoing drilling at both producing sites as per the November 14, 2018 PR. I wouldn't think that would gate insider bying.

On aside, azValour's and Jonker's last insider acquistions were post Nov 8th. Also, it takes 5 or more business days to release a PR. It involves authoring, legal and BOD reviews, submission, payment.

However, the Jan/19 resource report may impact their buying given the prior announcement of the event. The report would utilize results from the on going drilling.

Bottomline, I'm not clear on the trigger and duration of blackout windows beyong financials or M&A events.




Bullboard Posts