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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. > Any Sense???
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Post by Nklogix on Dec 12, 2023 9:59am

Any Sense???

Stock price trending negative while we are on the doorstep of HKEX listing, which be it 1 year late.  This does not make any sense unless i am missing a key point of listing or a data point.

I am of thinking that the listing will unlock value and push the share price above .20c.  Anyone care to explain whats happening???

Comment by Armitage45 on Dec 12, 2023 10:28am
Everything is already said: There's no connection between the SP and the revenues, no dividend, nothing. No benefit for the shareholders, that's still their policy. There's no obvious connection between the SP of MJS and PRC. Could be that we get ripped off by the Chinese. There's is no trust of the market in the MGM and even the MGM itself has no trust, because they never ...more  
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