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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 Pezo_Plakaon Jul 29, 2011 1:48pm
310 Views
Post# 18888129

RE: RE: RE: RE: Acquisition of Majestic in the wor

RE: RE: RE: RE: Acquisition of Majestic in the worI believe the point you made considering the listing is the what I was going to post today as well.
Ron Husband has gone on to say that a listing is very expensive (not sure how much), and this would
certainly short track process.
However, this is a penny stock on their market and they are in the moly, tea, and video streaming business so for me it is not that attractive... I feel it brings our project down to some low level 2nd rate appearance.
Of course this is all just mho and speculation.
I think .18 cents (HK) is .2 cents canadian...
This is based on Chinese articles saying China mining leant Majestic 82 million (10 million canadian).

Anyhow B, have a good long weekend.

Good Luck to all.
Bullboard Posts