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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 muley1on Apr 06, 2010 6:45pm
217 Views
Post# 16962809

RE: RE: RE: News?

RE: RE: RE: News?One can only speculate that there is some positive news out there, that some individuals are privy to. The stock speaks for itself in  that it has a good reserve of over a million ounces, with cheap labour and a functional mine. Aside from this I beleive there is more Blue Sky with respect to the gold resource. As far as the trading halt, all I can imagine that the bidding activity prior to opening was so abnormal that a halt was put in place by the controlling body. This does not make sense to me, but neither does a trading halt with no rational following the re-opening. Perhaps tomorrow will give us some answers.
Bullboard Posts