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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 Abitoon Aug 05, 2020 10:36am
61 Views
Post# 31366539

RE:RE:RE:Looking Forward...

RE:RE:RE:Looking Forward...real money will be with producers and companies with proven resources. Have some spec explorers as momentum players but at the end of the day these are the ones thats going to pay out the most. especially if things turns bad. Kind of hedging against risk.Been through enough in the gold market to know better. lots of bag holders from the last bull run.
Hard to find a producer this cheap. The producers outside of the safe haven north america has been under performing but will catch up real fast as the north american producer are starting to get to pricey.

On a side note resistance at .11 or .12 gets broken then we are in the 20s
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