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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 Mar 15, 2019 10:19pm
74 Views
Post# 29494746

RE:RE:RE:RE:Todays trading

RE:RE:RE:RE:Todays trading"Is the entire Costerfield operation bigger than Fosterville operation?"

Why is speculation of this kind coming to light only now? Dr. Sander knew about Youle and was pleased, but was still most adamant about making another acquisition as well as restarting Cerro Bayo. Given that he was probably one of the top 2 guys responsible for buying Costerfield in the first place, and given his extensive geological background and expertise, why was he never touting Costerfield's potential to be anything like Fosterville? I listened to all his appearances up until he left the company and he never once used the word Fosterville. That's something totally new that appeared on the presentation only after this financing.
Bullboard Posts