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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 auburn2on Jan 25, 2019 3:27pm
92 Views
Post# 29282876

RE:RE:RE:RE:No one is saying anything

RE:RE:RE:RE:No one is saying anything"I'm feeling better." Precisely. Price affects sentiment. At 5 and 6 cents, even though the company was fundamentally the same, people let that shape their perspective. Now as price recovers the supply of shares can't keep up with the demand. That's reflexivity where price action influences percepton in the same direction as the price action, and when these things reverse a 50% gain can happen quickly, but it's really only the beginning because 1. the selling was irrational and 2. sentiment is now in the other direction.
Bullboard Posts