Mandalay Resources Corp. T.MND

Alternate Symbol(s): MNDJF

Metals & Mining Gold

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

Mandalay Resources Corp. > Mandalay joins the Mining & Crypto Top 20 Source: Canaccord

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Comment by Nick2021on Jun 02, 2021 1:47pm

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Post# 33311723

RE:Mandalay joins the Mining & Crypto Top 20 Source: Canaccord

This is good news. Until MND is rid of their debt/hedging and in a position to catch some eyes by reinstating a dividend policy that makes the company's grotesque undervaluation obvious, it needs to do SOMETHING to attract investors. I think it's interesting that this notice from Canaccord comes in the same month that the company is scheduled to release drilling results from both the sub-Youle project and the Aurora zone in Sweden.

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