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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. > Here we go again ...
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Post by Sherry35on Mar 18, 2024 11:58am
138 Views
Post# 35938430

Here we go again ...

Here we go again ...SP heading south. $60M US cash flow, organic growth to the center of the earth, excellent grades - yet the SP can't match POG.We should be trading around $6.00 US per share given the reserve and 30 cents on the dollar buyout.

Upside, the 2024 exploration budget ceiling is double the avergae $7.5M US average. Great CEO at the helm.

Please give me access to the BOT trader code. I'll fix the SP.

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