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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 23, 2018 9:29am
41 Views
Post# 29151662

RE:RE:RE:16:00 Selling

RE:RE:RE:16:00 SellingThe 6.5 cents purchases were at the ASK price and sold mostly by ITG. The 5.5 cent trades were dumping into the BID primarily by House 001 seller.

I go back to stated theory in prior post. House 001 seller is maximizing the proceeds from his sales for the past few weeks. I late afternoons Hosue 001 seller starts selling into the BID. Fridays 4:00 PM 5.5 cent trades was House 001 seller puking up more shares. The seller is getting pressure to capitialize on tax loss deadline with on 3 trading days left.

The question bears asking "What was the original purchase price of the MND shares being sold by House 001 seller?". The seller has been dragging this out since August with more aggressive selling in Sept/October. I think these shres were bought a 5 cents because House 001 seller has only sold 5 cents of less on two trading days. I'm thinking a long term holder of the shares. Maybe Sanders as suggested by someone else.
Bullboard Posts