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Bullboard - Stock Discussion Forum 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... see more

TSXV:MJS - Post Discussion

Majestic Gold Corp. > Checklist *typo
View:
Post by Value2020 on Mar 30, 2022 9:07pm

Checklist *typo

Mining License renewed for 10 years

Both mines safety certified August 2021 

Producing 8-9k ounces every quarter 

All in cost around $850 ( Profit over $1000/ounce)

35 million sitting on balance sheet

5-7 million coming every quarter

buyback started be it timid, but lets see

Hong King Listing within 3 months +/- 1 month. Dilutive but depends on the IPO price will should get about 50% upside for 25% of our future control.

Only 1 item left for management *** They have executed on every other item.

Now we wait........
Comment by gossamer9 on Mar 30, 2022 10:54pm
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