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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. > Whats next?
View:
Post by richard45161 on Apr 11, 2024 11:41am

Whats next?

Mail from CFO James Mackie to me, 26.01.2024

"Following the successful listing of PRG, the board and management have been strategizing for the future growth and increasing shareholder’s value in MJS and among the discussed initiatives are the three you mention below.
 
MJS anticipates providing shareholder updates in the upcoming weeks."

my mentions 


reverse share split 10 to 1 / 1.045.000.000 to 104.500.000
dividend of at least 5US dollar cent based on 104.500.000 shares
share buy back program worth the name

 Kurt1989: 

Infos 

#9058 05.04.2024
from german forum: https://www.ariva.de/forum/goldproduzent-mit-mehr-als-100000-unzen-2012-453021?page=362 

from an Mail from CFO James Mackie

"

3) Dividends have been part of the on-going discussions. The Company expects to have a corporate update around mid-June 2024 which should also include any decisions being made with regards to dividends.
"

The "mails, statements" can be faked. CFO James Mackie can just lie (like in his mail to me). But this is the level of information we are depending on with the MGM we have. Please, someone tell me this is not a dissaster. 16 weeks after the IPO and the removal of corresponding restrictions.

timetable

CFO 
mail: corporate update in the coming weeks start from January 26, 2024
Q1 MJS 2023: May 29, 2023
CFO mail: corporate update which should include Dividend around mid-June 2024
AGM PRG June 26, 2024
Q2 MJS 2023: August 29, 2023
AGM MJS 2023 announcment:October 04, 2023
AGM MJS 2023: November 09, 2023

So 16 weeks so far, its likley we have another 8 weeks of nothing ahead of us. But can also be never. We just dont know 
great people doing a great job. they can be poud of themselfs 

Its just great :)

best
Richard



 
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