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Majestic Gold Corp. V.MJS

Alternate Symbol(s):  MJGCF

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.


TSXV:MJS - Post by User

Majestic Gold Corp.
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Post by Beefeater41on Oct 25, 2010 12:42pm
501 Views
Post# 17607671

I'm Bailing out!!

I'm Bailing out!!Today marks the THIRD major sell off of stocks by an insider!! this month.  Three major insider sells in a month tells me that their is not much confidence in the SP going up anytime soon, it's simply a bad sign!.  I will sell out now and monitor the situation for a while and see if I am correct in my thinking that things with MJS are not looking up for while. Happy Investing!
Bullboard Posts
Dealroom for high-potential pre-IPO opportunities