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Majestic Gold Corp. V.MJS

Alternate Symbol(s):  MJGCF

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

Bullboard Posts
Comment by MisterBon Jan 24, 2011 6:37pm
331 Views
Post# 18019706

RE: RE: MJS-V Looks good today

RE: RE: MJS-V Looks good todayElmo,
I find your comment very interesting. Bought financing at these prices and in the amount needed would require quite the share count.  I'd like you to expand, if you can... I was hoping for a different kind of financing, but I am not aware of anything imminent.
I sure am pleased with the volume today on both the German and Canadian Market - together almost 11M shares, plus as Tocky pointed out to me, 1.5M on Alpha.  Hopefully the demand continues....
Fun times indeed.
B
Bullboard Posts