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Bullboard - Stock Discussion Forum
Majestic Gold Corp
V.MJS
Alternate Symbol(s):
MJGCF
Metals & Mining
Gold
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.
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Bullboard (TSXV:MJS)
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•••
Jonathon Brown
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Post by
Jonathon Brown
on Apr 19, 2024 4:13pm
@ the Bell: Markets deeply divided amid Middle East flareup
Canada’s main stock index jumped on Friday, aiming to recoup some weekly losses, as investors shed caution around Middle East tensions.
read article.
•••
Jonathon Brown
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Post by
Jonathon Brown
on Apr 18, 2024 4:17pm
@ the Bell: TSX keeps it just above the flatline
Driven by materials stocks tracking higher metals prices, utilities led gainers on the TSX while energy and industrials led the drop.
read article.
Addition Of New Copper Claims at Topley Project
posted Apr 19, 2024 9:00am by
Geologica Resource Corp.
-
|
Geologica’s Topley Property is located in British Columbia, a global leader in the development of socially and environmentally responsible resources. Combined with a positive market sentiment for commodities like gold, silver, copper and molybdenum, Topley and Geologica are well-positioned to create significant value for shareholders ...read more
•••
Jonathon Brown
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Post by
Jonathon Brown
on Apr 18, 2024 5:00am
Buzz on the Bullboards: Challenges amid inflation and geopolitical tensions
Canadian and U.S. stock markets grapple with a host of challenges, from surging inflation data to escalating tensions in the Middle East.
read article.
(106)
•••
Freddy1989Germa
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Comment by
Freddy1989Germa
on Apr 15, 2024 11:34am
RE:RE:Adding Cheap Cheap
In September, Majestic Gold wants to pay back its last debts ... hopefully they will be able to do this a little sooner at the gold prices. Debt-free would be important. On Friday, Goldman
...more
(34)
•••
Nklogix
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Post by
Nklogix
on Apr 15, 2024 9:24am
Welcome back nozzpack
Great to have a another voice of reason back.
(10)
•••
Value2020
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Comment by
Value2020
on Apr 14, 2024 8:36pm
RE:RE:Adding Cheap Cheap
Same here holding for 30c
(1909)
•••
nozzpack
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Comment by
nozzpack
on Apr 14, 2024 7:33pm
RE:Adding Cheap Cheap
Very cheap . We all know that . With POG nearing $2300, and being the cheapest gold producer in China, it must stand out as a very desirable takeover candidate . As management wants to exit
...more
(33)
•••
Armitage45
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Comment by
Armitage45
on Apr 13, 2024 3:35am
RE:RE:Adding Cheap Cheap
Yes, a revers take over is possible, also a rollback. Patterns in the chart history of Majestic don't exist imho, except for erratic spikes for no obvious reason. And the volume of the
...more
(1)
•••
22882288
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Comment by
22882288
on Apr 12, 2024 8:28pm
RE:Adding Cheap Cheap
I had been trimming my other gold producers and noticed MJS still lagging way behind this latest POG move up. Seen this pattern unfold before where MJS is the laggard and then catches up after days of
...more
(34)
•••
Nklogix
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Post by
Nklogix
on Apr 12, 2024 4:01pm
Volume up
stock price should follow. have good weekend everyone even the bears
(10)
•••
Value2020
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Post by
Value2020
on Apr 12, 2024 1:07pm
Adding Cheap Cheap
Seems like someone is listening to @NKLogix reasoning. This is how the MJS price rises from history, first comes the volume then 1c-2c rise everyday with stop on 12c i am hoping the stop thing
...more
(33)
•••
Armitage45
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Post by
Armitage45
on Apr 12, 2024 12:27pm
Yesterday
over 2M shares were in the ask for 0.07, visible only for a short time. With over 800k yesterday and 1.4M today the deal is done. Don't know what's going on..
(34)
•••
Nklogix
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Post by
Nklogix
on Apr 12, 2024 11:23am
Balance Sheet & Net Income
70.5% of $98 Mil = $69.09 Mil USD = 94 Mil CAD Cash value = 9.4c Add current gold minning operations @ $90 - $100 Mil USD, similar answer Another 9c - 10c for operating mine Add Cash Flow from
...more
(34)
•••
Nklogix
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Post by
Nklogix
on Apr 12, 2024 11:17am
All-in sustaining costs $947 per ounce
Gold trading @ $2444 today Net Profit = $2444 - $947 = $1497/oz Gold production was 30,837 ounces for FY2023 30,837 x $1497 = 46 Million USD 70.5% of 46 Mil = 32.5 Million USD 32.5 Mil USD = 44.5
...more
(34)
•••
Nklogix
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Post by
Nklogix
on Apr 12, 2024 11:07am
PRG Still holding its price...
EOM
(34)
•••
Nklogix
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Post by
Nklogix
on Apr 11, 2024 1:57pm
In Germany up 25%
Very very light volume though
(34)
•••
Nklogix
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Comment by
Nklogix
on Apr 11, 2024 1:56pm
RE:1 Dollar is real
state your cost basis i dare you...
(60)
•••
richard45161
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Post by
richard45161
on Apr 11, 2024 11:41am
Whats next?
Mail from CFO James Mackie to me, 26.01.2024 "Following the successful listing of PRG, the board and management have been strategizing for the future growth and increasing shareholder’s value in
...more
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