Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.

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 8:06pm
81 Views
Post# 29881520

RE:Gold is at $1434 USD and going vertical!

RE:Gold is at $1434 USD and going vertical!ganndolph - Thanks for the info on "Tom O'Brien's target on POG is $1600 USD" from tfnn.com. Boosted my moral.

I'm hoping MND explodes out of the blocks with a positive production report and Youle ramp completion. If Bjorkdal mill head grade increases in 3rd quarter with Aurora mining, and 4th quarter with Aurora/Skarn mining, I predict 2019 production to come in at 110K oz Au eq for bothe producing mines combined.

Have you looked at the June investor presentation on the MND Web site? Do you think the $15M US escrow will get released by year end? I'm hoping they can ramp up exploration on the two Costerfield Au corridors defined in the presentation. A pure Au ore on the east wing of the mining permit would reduce the cost of a second production mill.

Bullboard Posts