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.

Bullboard Posts

Comment by Pezo_Plakaon Jan 20, 2011 11:26pm

271 Views

Post# 18005527

RE: Majestic NPV: $525M. $1.00 Per share...

Hello board,

Exciting times for sure. Just in time for the resource show in Vancouver.
Some of the best numbers I have seen for a company this size.
I hope the market makes adjustments and re-evaluates us from explorer to producer.
I did good on Timmins gold on this transition and missed on AVR because it took too long.. but when they go they go.
If we had that Beijing listing now we would climb 5x as they would swallow this up in their backyard.

Good Luck..

P.Plaka

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