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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 Mar 26, 2010 4:24pm
236 Views
Post# 16929861

RE: Some Notes

RE: Some NotesYesterday it was UBS buying, today it was Anonymous.   TD is still the big seller.

Over the last 6trading days, MJS has traded over 6.55M shares.

Hopefully thetrend continues.  Anonymous has no issue buying at .06 today just as UBS did at .055 yesterday. There was a strong push mid-day and at close with buys at the Ask. Makes me wonder if a PR will be out Monday or Tuesday.

Like yesterday, blocks of 300k share orders would show up today at .06 just as they did yesterday at .055.  

Someone or multiple people/houses are accumulating - as this is unusual behavior for this stock.  Don't know if there is a leak about the NI43-101, or if it is related to the JV agreement being approved by the TSXV or Chinese, or something else - but it is positive.

All said, it's nice to watch consistent accumulation and upward pressure... wonder when the masses will show up.

Enjoy the weekend folks.

B
Bullboard Posts