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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 mjhaymanon Sep 06, 2019 9:05am
96 Views
Post# 30101558

RE:RE:RE:RE:Don't ask me

RE:RE:RE:RE:Don't ask meI think the problem they are having is the big guys don’t have an exit strategy at the moment and don’t want to pump the price up to just fall again. I personally think they should have to provide updates on the smallest intercepts given the current price.

It’s like watching paint dry at the moment, oil and gas just starting to take off I feel stuck in a rut with this. We need the reserves to de-risk this company. I was told by IR they are working on releasing an update inside next week on essay results this far to help with stock price. Not sure if they are wanting to do it before next quarterly report but are looking at it...
Bullboard Posts