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Bullboard - Stock Discussion Forum
Majestic Gold Corp.
MJGCF
Primary Symbol:
V.MJS
Metals & Mining
Gold
Majestic Gold Corp. is engaged in mineral resource exploration, development and extraction. It operates the Songjiagou open pit gold mine in the eastern Chinese province of Shandong. Songjiagou Gold Mine covers over 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 kms 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 kms North of Kalgoorlie and 700 kms northeast of Perth, in the Goldfields region. E77/2817 (Moorine) Tenement consists of eight blocks located 400 kms east of Perth.
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Bullboard (TSXV:MJS)
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(79)
•••
auburn2
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Comment by
auburn2
on Aug 21, 2024 6:47pm
RE:RE:Estimated Forward Quarterly Production
nozzpack 9/3/2023: "What is also signifucant about these mine construction activities is that the cost of this planned 5 bench Phase 2 expansion of the SJ pit was supposed to be
...more
(79)
•••
auburn2
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Comment by
auburn2
on Aug 21, 2024 5:34pm
RE:RE:RE:Shareholder Turnover
"MJS should be trading closer to $0.16 to be equivalent." Never will happen in Canada. Show me one case where a Chinese asset gets that much respect on the TSX or TSX-V. That's why it
...more
(79)
•••
auburn2
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Comment by
auburn2
on Aug 21, 2024 5:28pm
RE:RE:RE:RE:RE:30th August: Boardmeeting to approve half year results
Richard, you allege: "he ["J Clown Mackie" as you call him] has lied to me personally or professionally (share buy back 1/2) before" Have you confronted him on these lies? If so
...more
(130)
•••
richard45161
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Comment by
richard45161
on Aug 21, 2024 12:25pm
RE:RE:RE:RE:30th August: Boardmeeting to approve half year results
HI, Thank you for your valuable input! There is a "profit distribution plan" and a "control agreement" on one side and a dividend policy on the other. I think it would be
...more
(45)
•••
22882288
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Comment by
22882288
on Aug 21, 2024 11:52am
RE:RE:RE:30th August: Boardmeeting to approve half year results
As with so much else, it is not clear to me what dividend would mean in this situation. Is this a dividend to the Paprent (MJS) of the comanpy in regards to the "profit distribution plan"
...more
(45)
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22882288
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Comment by
22882288
on Aug 21, 2024 11:17am
RE:RE:Shareholder Turnover
- MGM still has not reported on the progress (Deadline 31.08.24) for the new mining aquisation My guess is that their offer got rejected with the rapid rise of gold prices affecting valuation
...more
(79)
•••
auburn2
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Post by
auburn2
on Aug 21, 2024 9:29am
Insider disclosure from the mgmt info circular
"The directors of Majestic as a group own beneficially, directly or indirectly, or exercise control or direction over, an aggregate of 270,000 shares, or approximately 0.03% of the 1,042,664,381
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(130)
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richard45161
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Comment by
richard45161
on Aug 21, 2024 6:19am
RE:Shareholder Turnover
agree, auburn and freddy have statet that they dont have shares in this company - so why so active here? And in my opinion with contributions that bring no value what so ever. I am heavily
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(130)
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richard45161
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Comment by
richard45161
on Aug 21, 2024 6:04am
RE:RE:30th August: Boardmeeting to approve half year results
13/03/2024 16:31 02489 PERSISTENCE RES Announcements and Notices - [Date of Board Meeting] NOTICE OF BOARD MEETING (439KB) " The board of
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(45)
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22882288
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Post by
22882288
on Aug 21, 2024 2:15am
Shareholder Turnover
There has been a lot of FUD (fear, uncertainty, and doubt) posted on this message board of late and it is quite unfortunate that some investors who make investment decisions from such noise fall prey
...more
(45)
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22882288
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Comment by
22882288
on Aug 21, 2024 1:44am
RE:30th August: Boardmeeting to approve half year results
It is quite interesting that PRG published that announcement with a direct reference to "considering the payment of an interim dividend, if any." If there is absolutely no intention to
...more
(87)
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Freddy1989Germa
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Post by
Freddy1989Germa
on Aug 20, 2024 12:54pm
auburn2
No, no, that wasn't referring to them, what I find interesting is whether Majestic will manage to become debt-free this year. the CFO told me that was a goal they are pursuing
(79)
•••
auburn2
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Comment by
auburn2
on Aug 20, 2024 9:33am
RE:RE:RE:The only clown
Not sure who that's in response to. I've been clear I see red flags, such as never paying shareholders even a tiny dividend and the very low shareholdings of the long-term President and CEO.
(87)
•••
Freddy1989Germa
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Comment by
Freddy1989Germa
on Aug 20, 2024 8:08am
RE:RE:The only clown
You should have sensible arguments, not just slogans that Majestic can't get its act together and as soon as you ask critical questions you get insulted
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