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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
Post by MisterBon Mar 25, 2010 3:06pm
331 Views
Post# 16924717

Some Notes

Some NotesUBS seems to be a big buyer this week.  TD a big seller.

Over the last 5 trading days, MJS has traded over 5M shares.  It took over 18 trading days prior to that to trade 5M shares.

Judging by the action today, it seems we may get that new NI 43-101 in the next few days - as you know, it was expected by the End of the month.

Hopefully the trend continues.  UBS has no issue buying at .055 and when the bids are filled at .055, another 300k share order shows up.

Things are looking positive and I feel bad for those that sold at a loss post RS PR.

Good luck to all longs (new or holders from a while ago).
B
Bullboard Posts