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Bullboard - Stock Discussion Forum 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... see more

TSXV:MJS - Post Discussion

Majestic Gold Corp. > Balance Sheet & Net Income
View:
Post by Nklogix on Apr 12, 2024 11:23am

Balance Sheet & Net Income

70.5% of $98 Mil = $69.09 Mil USD = 94 Mil CAD

Cash value = 9.4c

Add current gold minning operations @ $90 - $100 Mil USD, similar answer

Another 9c - 10c for operating mine

Add Cash Flow from operation 2024

Another 4c - 5c

Total 22c - 25c today with future for FREE!!!

share price is Sooooooooooooo disconnected with reality.





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Majestic Gold Corp.