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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 Nov 08, 2011 4:43pm
194 Views
Post# 19219972

RE: China Mining Resources

RE: China Mining ResourcesCMR - unfortunate - but an accusation and lawsuit won't stop there business from moving forward... I just have more doubt that Majestic is in their plans (I thought the halt was related to majestic - in some way, shape or form).
Greg, you seem to have some good information.  I know:
-The Company is fully funded for the next year
-By that time, the Company will be in full production mode mid-next year
-The valuation of the company is very low comparable - so a HK Listing is of extreme importance, or executing a PR blitz that will get the word out (which they've failed at miserably to date)
So, can you help the board with the following:
-Is there any idea when they are going to obtain a Hong Kong listing - or if they are well into the process?  
-When they will finally push the stock as it should be?
I mean, Rudy et al always say Majestic is valued at xx/oz, and that they should be valued at xxx/oz - so Majestic is an excellent company that has the potential to increase at a "fantasy" rate.  They continue to look at comparables, but the fact that Majestic is sooo low comparatively speaks to their total failure to bring this company into mainstream investors eyes... Why? When?  Any insight Greg?
If you have something to offer the board, please do so...
Thanks,
B
Bullboard Posts