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Bullboard - Stock Discussion Forum 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... see more

TSXV:MJS - Post Discussion

Majestic Gold Corp. > MJS is the best priced Producer on TSXV and TSX
View:
Post by Value2020 on Nov 30, 2020 6:15pm

MJS is the best priced Producer on TSXV and TSX

60M Market Cap 
20M Cash on Hand

Earning 5M per quater with EBITDA over 8M

MJS at forward PE of 2 is the BEST PRICED Producer bar none.
Comment by Sikong on Dec 07, 2020 1:26pm
Thanks Value2020 for sharing your insights. Lack of transparency is the main reason why big investors won't touch MJS. Why isn't MJS interacting with investors at all? I don't know, but I know it's mainly operating in mainland China and that's probably how most businesses are run.  I've been holding this for a long time and I believe there are chances that the share ...more  
Comment by Crashcomingsoon on Dec 13, 2020 10:48am
OK, but with over 1 Billion shares outstanding, I don't think the share price is goiing anywhere.  WOW !! ONE BILLION plus shares !!!
Comment by Value2020 on Dec 13, 2020 1:06pm
Very high share count is very normal for chinese companies. have a look at Hong Kong exchange even Alibaba split its shares from 1 to 8 to list on Hong Kong exchange. Its differnet mindset over there. nothing else.
Comment by richard45161 on Dec 13, 2020 1:10pm
share price results from what people are willing to pay. One Billion / 12 Quadrillion - doesnt matter. P/E ratio, future prospects, dividends, share buybacks - this is what matters. on the other hand - in a rational world/market something like TESLA wouldn't cost 600 US dollars per share either. 
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