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. > An actual article about Mandalay . . .

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Comment by Nick2021on Apr 18, 2022 8:01pm

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Post# 34611836

RE:RE:An actual article about Mandalay . . .

I kind of agree -- I've sometimes wondered how the institutions plan on making their money with Mandalay . . . none of the big holders can really sell out, since that would crater the price; are they counting on some kind of takeover? This is why the company really needs to institute the dividend again, give retail traders a reason to fight for the shares.

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