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).

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Mandalay Resources Corp. > What's up with the price?

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Comment by Sherry35on Dec 16, 2022 11:25pm

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Post# 35177290

RE:RE:What's up with the price?

I for one am gob smacked. I do have a big smile on my face.

BNN reported increase in foreign investors buying into the Canada markets. The move in the SP may indicate potential increase in Au production through inorganic growth (acquistions) or the hiring of a rain maker CEO. So, combine the two possibilities could mean major growth ahead. Toss in $2000 US ounce Au, we could have some major lift off.

Ill be watching the insider reports and early warning reports to not increases in insider holdings through public market purchases.

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