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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
Post by Pezo_Plakaon Aug 05, 2020 5:54pm
95 Views
Post# 31369471

What’s a bag holder

What’s a bag holder

In my 25 years of investing a bag holder has been the guy holding shares when the pump and dump runs its course. 

this has never been that.. the commodity simply tanked and all gold stocks with it. Promotion stopped. Ceo got replaced and that's where it stopped 5 years ago. 

this mgmt team had the cash but never put it to use... easily could have taken equity in many gold projects via investment over the last few years. Cash would be 80 million by now and everyone would want a piece of MJS  

so value, thx for your comments but insulting dudes with million of shares to their names ain't really cool...

also for u to be asking B for comments when he's been mostly absent last few years means u r one of us old timers and not a newbie  ... yes sir u r ...

good luck to us all  .. let's make money here  

 

Bullboard Posts