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Majestic Gold Corp. V.MJS

Alternate Symbol(s):  MJGCF

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.


TSXV:MJS - Post by User

Bullboard Posts
Comment by MisterBon Jan 14, 2010 5:43pm
206 Views
Post# 16680805

RE: RE: RE: Cambridge House This weekend

RE: RE: RE: Cambridge House This weekendShock'em,

I assume Global Catalyst Group is a company that aids a prospective mining company with expertise, strategy, helping obtain financing and execution of strategy.  Is this correct?  Do they also perform IR for these ventures?  Their site is kind of vague, but does give some info.   Also, are they there to speak about Majestic, or all three properties they seem to be "aiding" - almost like a VC or incubator type company.

As well, I assume any info that is not material and presented on the weekend would be issued in a PR on Monday Morning. Do you get any sense there is NEW info forthcoming at the presentation that would need to be PR'd?  Just curious and thinking about material info that should be made available to all shareholders at the same time, prior to any market opening.

Finally, although I was hoping for  a little rise today, I can't complain. The volume was relatively high and it looks like we are establishing a good base above 5 cents, which is just a hair above my ACB of .0483. 

I do hope we hear via PR about:

-Receipt of payments from the sale of their other China property
-Strategy or info on their intent and timing to move the mine to full production.
-Re-affirming the NI that is the basis of the current mining set up, or at least getting that info into the general public's hands via PR.

Cheers,

B

Bullboard Posts