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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

Comment by Value2020on Jul 31, 2020 7:30am
67 Views
Post# 31348247

RE:Pushing won't help

RE:Pushing won't help A Little cynical aren't we?

NOT pushing, just stating the fact's as things stand Today. You can REFUTE these 1 by 1. Don't try to put a blanket statement "stick to facts" trying to sound smart.

Maybe you are trying to add OR higher cost base and very long HOLD.  My opinion NOT fact.

Facts are Facts.  Everyone can have an opinion about the way they see the FACT's.

They did shut down for 3 weeks during COVID. Whole china did check all the news from end of January to Feburary 2020.

They did have lower grade ore to process hence slightly under 7000/oz of production in Q1. I am using a 7000oz AVERAGE per quater SO some little higher and some little lower.

Q2 is already in the books, we will see the results by end of August.  Also expecting a shareholders update in next 2 weeks.

I wouldn't buyback anything if my mining license was up for RENEWAL and the 2 countries weren't seeing eye to eye. Lincense got renewed for 10 YEARS instead of 5. first time that has happened.

My buys are staggered between 4.5c and 6.5c. havn't sold any since last time Majestic hit .10c. For me this is GREAT investment. Buy LOW and try to make money in the mis priced assets, that the name of game.




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