Bullboard - Stock Discussion Forum 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... see more

TSX:MND - Post Discussion

Mandalay Resources Corp. > Nice move

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Post by SilentRiver on Dec 14, 2021 10:39am

Nice move

Markets down, gold down, Mandalay on a tear, Whats going on?

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Comment by Nick2021 on Dec 14, 2021 10:53am

this is why I hold this cursed stock even though it enrages me with its capriciousness -- because it's so thinly traded, that any lunk with a bank account can move its capitalization by tens of millions of dollars in a couple of days if the market ever decides that it wants to hold it, it'll shoot up faster than you can imagine

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Comment by ganndolph1 on Dec 17, 2021 3:29pm

SilentRiver, What's going on is a Potential Island Bottom on the gold stocks and a confirmed island bottom on MND.TO. Mandalay Resources and Orvana Minerals are two stocks which have developed rising price channels on MND.TO to GDXJ and ORV.TO to GDXJ ratio charts. In the case of Mandalay Resources, this stock has an ABC up against the GDXJ with a price target of 0.13 times the GDXJ ...more

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Mandalay Resources Corp.