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Published on Dec 3, 2014 Brad Mills, the chief executive of Mandalay Resources (TSE:MND), explains what the mining group looks for in an acquisition. Mills talks about a potential for gold and silver prices to rise and why ‘it is a good time to buy assets’.
Mandalay Resources creates exceptional shareholder value through the acquisition of undervalued assets that can rapidly become cash generative, self fund exploration, establish and maintain high operating margins and return cash to shareholders within a planned period of time. Mandalay is committed to operating safely and in an environmentally responsible manner, while developing a high level of community and employee engagement.
Investors are much too comfortable with debt fueled stocks and positively sanguine about all the turmoil raging around the globe. There's golden blood in the streets my friend, but very few understand that august axiom.
Mandalay Resources Announces Multiple High-Grade Drill Intercepts On Several Veins And Begins Infill Drilling At Its Cerro Bayo Silver-Gold Mine, Chile (Dow Jones)