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Mandalay Resources Corp. T.MND

Alternate Symbol(s):  MNDJF

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 Company’s operations include the Costerfield mine, Bjorkdal mine, and non-core operations. The Costerfield mine operation is located in Victoria, Australia, within the Costerfield mining district, approximately 10 kilometers (km) northeast of the town of Heathcote, Victoria. 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 Company’s non-core properties include La Quebrada and Lupin. The Company's La Quebrada is a copper-silver development property located in the Coquimbo Region of Chile, neighboring the Minera San Geronimo owned Tugal open pit.


TSX:MND - Post by User

Comment by Nick2021on May 15, 2024 2:03pm
117 Views
Post# 36041608

RE:4 large investors

RE:4 large investorsI dunno -- I have no idea what they think or plan.  One of them at least has a close association with MND, and is led by (I believe) a former CEO of the company.  

I personally feel like the stock is behaving differently than it has in the past.  Then it was illiquid too, but the company rallied fast when gold stocks rallied; you got more leverage than with other companies.  Now, it's just wallowing around, when gold is at record highs and there is significant selling pressure and no buying interest that I can see.  Every day all of my stocks are up, with the exception of MND.  I don't know what's going on.
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