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Bullboard - Stock Discussion Forum 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... see more

TSX:MND - Post Discussion

Mandalay Resources Corp. > Another stupid price drop on ...
View:
Post by Sherry35 on Sep 13, 2022 2:04pm

Another stupid price drop on ...

fabuluous drill results. Need to send the lads over to the bot programers place of residence. Here is extract from today's press release. Apparently their is a continuation of that pesky metal antimony from Youle.

MANDALAY RESOURCES CORPORATION PROVIDES AN EXPLORATION UPDATE ON SHEPHERD AND THE NEWLY DISCOVERED KENDAL EXTENSION

Mandalay Resources Corp. has provided an update on drilling progress at its Costerfield operation in Victoria, Australia.

New Drilling Highlights:

 

  • Shepherd infill drilling supports and extends high-grade veining to the north and extends and upgrades southern portion;
    • 234.7 g/t gold over 4.17 m (estimated true width (ETW) 1.49 m) in BC262;
    • 377.4 g/t gold over 0.54 m (ETW 0.40 m) in BC371;
  • Mineralization located 300 m to the south along trend of Shepherd and a further 150 m at depth including:
    • 332.0 g/t gold over 0.33 m (ETW 0.26 m) in BC274W1;
  • Potential third veining horizon at Shepherd located in three drill holes approximately 40 m further west of the known Shepherd veining including:
    • 17.6 g/t gold & 18.6% antimony over 0.17 m (ETW 0.17 m) in BC299;
  • Additional veining located to the east of Youle with high potential for extension including:
    • 22.2 g/t gold & 16.0% antimony over 0.24 m (ETW 0.12 m) in BC295;
  • Drilling above Youle intercepts an undiscovered and unmined panel of veining including:
    • 27.8 g/t gold & 31.5% antimony over 0.67 m (ETW 0.36 m) in BC328.
Comment by wictory on Sep 13, 2022 2:41pm
it is crazy how cheap mnd is. The market in panic mode and selling everything without thinking. I bought mnd today at 1.90...it can't go wrong in the long run. I expect a huge bounce in the coming weeks
Comment by Sherry35 on Sep 14, 2022 3:03pm
Somebody please limit the Red Bull consumption of the BOT programmer. No wonder retailers won't invest in this stock with the mood swings 3 times more the POG daily percent changes. This stock is way undervalued, time to rev it up. This is second Croc company with caveat being we already know Costerfield is identical Fosterville. So, lets stop playing @#$% games and MAKE SOME COIN.
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