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Majestic Gold Corp. MJGCF


Primary Symbol: V.MJS

Majestic Gold Corp. is a Canada-based mining company. The Company is engaged in mineral resource exploration, development and extraction. The Company’s Songjiagou Gold Mine covers approximately 75.04 square kilometers in Muping, Yantai, Shandong Province, China. It has four separate tenements, including E36/918, E37/1334, E63/2110 (Kumarl) Tenement and E77/2817 (Moorine) Tenement. These tenements are located in Western Australia, an area with demonstrated potential for the discovery of lithium oxide mineralization. E36/918 tenement has been granted and consists of two blocks located 150 kilometers (km) North of Leonora, about 50 km north of Leinster, along the east side of the Kathleen Valley. E37/1334 tenement has been granted and consists of six blocks located west of Leonora township, 200 km North of Kalgoorlie and 700 km northeast of Perth, in the Goldfields region. E63/2110 (Kumarl) tenement has been granted and is comprised of 10 blocks located 250 km south of Kalgoorlie.


TSXV:MJS - Post by User

Post by Armitage45on May 16, 2024 9:31am
46 Views
Post# 36043102

"MGM is free to act"

"MGM is free to act" how nave can one be? 
 
to write: MGM is free to act
 
and all they do is to invest 18k in stockhouse.com marketing 
 
and you really believe they would make this ridiculous deal when they intend to pay a dividend? 
 
How nave can one be?
 
The would enrich themselves by buying millions of shares, knowing the stock would skyrocketing. 
 
Just because you had a phone call with Mackie and he said “oh yes! shareholders are important to us!” and fortunately could use the quiet period as a pretext for having done nothing for shareholders. 
 
The Kongs own the company and they say what the MGM has to do, that was the deal when Kong fired the former CEO Husband. 
 
So as long as this Chinese family is profiting from the status quo 0.065 a bit more or less is all you can get. 
 
Via stockhouse.com they want to get some greedy private investors. Obviously they can't get institutional investors, because those like to ask questions. Private ones usually don't ask and if from Germany they also don't vote. 
 
 
 
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