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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Majestic Gold Corp. > and yes

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Comment by Value2020on Jul 31, 2020 7:41am

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Post# 31348280

RE:and yes

Not sure what they are doing wrong. This is asmall outfit, which happens to be IN PRODCUTION with the gold PRICE finally at all time HIGH's. They don't control the gold price.

Their timing of mine finally producing at the full License capcity, License renewal (10 years) is EPIC.

The normal mining cycle. Project gets announced hopes are high share price is high, then a lull till first good gold drill result price high again, then a lull till production starts. Then a year or two of production streamlining.

THEN and THEN only company gets to Majestic stage. Only LUCK part is the GOLD price at $1950+ with company past all its GROWING pain.

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