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. > HKEX listing gets us back on track

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Comment by Value2020on Nov 17, 2022 12:15pm

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Post# 35107251

RE:RE:RE:HKEX listing gets us back on track

Have a look at this math....

Market Cap - Cash + Cash from operation for coming 12 months assuming ($1700 gold)

We should have more cash than the market cap of MJS today. Why can't we develop the mine with cash from operations?

OR
Keep going slow and steady
Just reverse split 20:1 = approx 50 million shcares
Pay $0.05/quater dividend ( about 14% )
Cost per quater 2.5 Mil, Anually 10 Million we have this covered for next 4-5 years already.

OR

Sell the entire company to chinese entity for a fair price 30-40 cents per share

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