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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 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

Comment by Lowcapmocapon Sep 05, 2024 2:13pm
108 Views
Post# 36210301

RE:RE:RE:RE:RE:New Press Release - Mandalay Resources Announces Resignation of Board Member

RE:RE:RE:RE:RE:New Press Release - Mandalay Resources Announces Resignation of Board MemberYou really can't do basic deduction can you? Your opinion is pure speculation because officially he resigned. If someone dumps shares in one company then buys shares in another you can reasonably assume they see a better investment.
Even the CEO tried to lie on the earnings call that the shares were dumped due to "personal financial troubles" but comedicly the caller pointed out that wasn't true.

As for the hedging look through the reports again before talking like a true short bus king. Even the CEO seemed to acknowledge the first round of hedging made this year was a mistake. I said the put option was better but now they've spent money to effectively hedge twice.

This company used to pay dividends so just stop already. M&A in the last gold bull market is what put a lot of companies in distress. The companies poised for the best growth were buying assets in the last bear market. They'll overpay for anything now and if you don't understand then you're beyond helping.

As for your assessment of Dominic you couldn't be more wrong. You're just talking to talk nonsense . Get out of that dirty basement and try to actually do some research my guy.

https://www.paidpromotionalmessages.com.au/companies/news/1000348/mandalay-resources-announces-ceo-transition-plan-and-senior-management-promotions-1000348.html

The new CEO literally walked into a well operating junior gold company after a huge turnaround effort.

You're either trolling or your just a clown.

I'm done trying to have honest discourse with you while you remain so disingenuous/ignorant, so you can go kick rocks.

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