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.

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Majestic Gold Corp. > Market Cap 62.9M ONLY!!!

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Comment by Value2020on Nov 22, 2020 10:54am

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Post# 31948727

RE:RE:Market Cap 62.9M ONLY!!!

Companies are judged quaterly and annually, i think!!!

The last 2 quaters MJS has made a lot of progress. With NEW EXPANDED 10 year License and production finally rising from 5000-7000oz/Q to 9000oz+/Q and hopefully more.

So far last 2 quaters this year have benn very good. Production UP, Grade UP and COST all way down to $650, DEBT getting close to ZERO with Net Income and EBITDA rising.

This will the best year for MJS on record. Share PRICE will follow, it always does.

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