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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 Jul 02, 2019 1:48pm
87 Views
Post# 29880398

RE:RE:reverse split! 1 for 10

RE:RE:reverse split! 1 for 10A few things I noticed so far today.

1) House 2 has not resumed its framing of the BID/ASK that was experienced for several months prior to the reverse split. I'm sure people remember my posts on this topic.
2) A lot of BOT/Algo trading involving House 001 and House 053 Morgan Stanley. I'm left with the impression the owners are retraining the BOT s/w.
3) 200K of shares traded today which is pretty interesting given the reduced float.
4) JPM and Goldman have performed any trades. I just hope on my on the "right" side of the trade with these masters PMs manipulators.

I believe we should be getting a 2Q19 production report in the next two weeks. I hope there is a increase in production out of both mines, especially Costerfield. Also, Duffy mentioned on the 1Q19 financial call that the ramp was 300M from Youle. Opeing up Youle should give us a boost from this as well. So, this stock could move very quickly north with the right players (institutions), POG and mounting positive events from MND.

So, it's time for MND to fire on all pistons. The longs have endured enough pain.


Bullboard Posts