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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Comment by Value2020on Jul 27, 2020 7:30am

73 Views

Post# 31322588

RE:RE:RE:Great discussions

With gold at all time HIGH this morning $1960+ i think its worth it to average down even a little, get some around the .06c range. I would try to bring my ACB below 14c just incase the big boy start to unload a little around .15c.

My back of the napkin calculation suggests that you own about a Million shares. You are already committed.

As of July 27th,2020

NO License renewal risk.
20 year mine LIFE.
Mine at full production FINALLY after 10 years of back and fort.
Central bank stimulus on HYPER drive.
GOLD at $1968

Bottom line: Majestic is producer with today's gold prices we make $1000+/oz. Current produciton around 7,000/oz we make 7 Million every quater.

Where is that Table, I AM POUNDING THE TABLE. BUY BUY BUY

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