Jay Taylor, in the Aug. 12, 2015, edition of Gold, Energy & Tech Stocks, says buy Mandalay Resources Corp., recently 81 cents. Mr. Taylor said buy three times between June 19, 2013, and Dec. 18, 2014, at prices ranging from 74 cents to 88 cents. Assuming a $1,000 investment for each of the three buys, the $3,000 position is now worth $3,065. Mr. Taylor says Mandalay was formed by seasoned mine operators who retired from major mining companies to put projects they learned about back then into production. They are obviously doing a good job he adds, and seem to have all the pieces lined up. The editor notes that at 6 per cent of the trailing quarter's gross revenue, Mandalay pays a dividend that is relatively significant compared with its share price. In terms of upside potential however, and with 400 million shares outstanding, there are other stocks that Mr. Taylor prefers over Mandalay. Still, for investors looking for yield, this stock would be attractive for income rather than capital gains. At his last review, the yield was 4.61 per cent. Not many gold producers Mr. Taylor knows of are paying more these days. Mandalay is a buy.