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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. > I'm having a stupid moment.
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Comment by Sherry35on May 15, 2022 11:53am
141 Views
Post# 34684843

RE:RE:I'm having a stupid moment.

RE:RE:I'm having a stupid moment.
Lowcapmocap - Thank you for your kind repsonse. Unfortunately I missed the call Thursday morning. It's great news that the dividend is being given higher consideration. Were the 3 major instiutions on the financial conference call?

I'n my mind (simple at times) this stock should be trading above $5 based on the reserves alone. All I've been witnessing is the quarterly run up around the time restricted share units are issued and the financial release. Then the SP declines back down to a narrow trading range for a couple of months. It's time for this sleeping mining company to lifty off and make us all some amazing coin.

Again, thank you for your post. Much appreciated.

 
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