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Bullboard - Stock Discussion Forum Majestic Gold Corp. V.MJS

Alternate Symbol(s):  MJGCF

Majestic Gold Corp is a mining company focused on the exploration, development and operation of mining properties in China, Australia and Canada. The company operates the Songjiagou open-pit gold mine in the eastern Chinese province of Shandong.

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RE:RE:IPO Sinogold, AGM 2022, Timeframe, Valuation, Dividend,

This link refers to 2020 data, where in the 2021 infromation  rate and reply

RE:IPO Sinogold, AGM 2022, Timeframe, Valuation, Dividend,

cant attach a picture :( if interessed, please check: - Management Information Circular www.majesticgold.com/site/assets/files/...n_circular_2021.pdf  Page 5 and 6: As can be seen, only "...read more

RE:IPO Sinogold, AGM 2022, Timeframe, Valuation, Dividend,

extract  rate and reply

IPO Sinogold, AGM 2022, Timeframe, Valuation, Dividend,

Sinogold is to be listed at HKEX to collect money for mine expansion. The completion will take at least 3 months from the submission of the documents. It also requires the " written...read more

RE:RE:RE:updated forecast (imo) based on Q1 2022

It's all in US $. Stock price of 0,06$ was an assumption - you can easily do the math with a stock price your choice  rate and reply

RE:RE:updated forecast (imo) based on Q1 2022

Can someone tell me why the Stockhouse editor always generate my text in one line? I've input 4 lines.  rate and reply

RE:updated forecast (imo) based on Q1 2022

Can it be that you mix Can$ and US$? The stock pricee is currently at Can$0.055. Your assumed price of gold per ounce is probably US$. And the financial reports of Majestic are also in US$.  rate and reply

updated forecast (imo) based on Q1 2022

Summary and Outlook: I am very confident in the following conservative forecast:   ounces produced: 40,000 once sold (minus smelting fees): 35,000 Total production cost: $750 per ounce ...read more

Sinogold IPO and Majestic

We, as Majestic shareholders, always have seen a listing on the HKEX as a way to bring this stock out of its lethargy. It was associated with the expectation that Chinese citizens would now would be...read more

RE:RE:Clarification

waiting for the mail. lets vote as group  rate and reply

RE:Clarification

Well, they will have to sell us on this as they need 50% approval and they say there is no controlling shareholder.  rate and reply

RE:Clarification

HI Value, Sinogold's plan is roughly outlined in the HKEX application. The mine is already one of the largest gold producers in the region. With the extended and especially expanded surface mine...read more

Clarification

Management needs to put out release explaining the reasoning behind going ahead with HKEX listing with current structure. Why could they not list MJS directly?  Everyone is confused about this...read more

Share Offering

Short term future of MJS stock price depends on what price sinogold IPO's at. On the other hand we are at rock bottom right now valuation wise so it can only go one way which is up. The question...read more

RE:What do the business numbers say?

MJS only reports their portion of the sales.  rate and reply

What do the business numbers say?

Majestic owns 94% of Sinogold and Sinogold 75% of the mining company Yantei Zhangjia. That means Majestic currently owns 70.5% (0.94*0.75) of Yantei Zhangjia. So what do the figures in the annual...read more

Last Item

Forgot to mention what the last remaining item was... Dividend  rate and reply

RE:70.5% of Bigger PIE is better than 94% of current

First I understood the deal like you did. But I'm not so sure anymore. What I honestly don't quite get is the way that we should participate. Will we get shares of sinogold? I don't think...read more

Checklist *typo

Mining License renewed for 10 years Both mines safety certified August 2021  Producing 8-9k ounces every quarter  All in cost around $850 ( Profit over $1000/ounce) 35 million sitting on...read more

Checklist

Mining License renewed for 10 years Both mines safety certified August 2021  Producing 8-9k ounces every quarter  All in cost around $850 ( Profit over $1000/ounce) 35 million sitting on...read more