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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

Post by Armitage45on Mar 30, 2022 6:46am
136 Views
Post# 34558050

So dreaming Richard

So dreaming Richard we are going down again, as I expected. Is it because of the excellent results or because of the obvious dividend? Let's hope that Mr.A will support the 0.065. 

If you have already ordered a new Porsche, because your calculations result in an upcoming rich King Richard, I guess you'll have to wait. 

Because without any indication of a HK listing (they spend already millions on that) in the results, the only reasonable possibility for a higher SP is a takeover or a merger, a high gold price provided.

But I'm sure you'll keep on dreaming, hoping for the next Qs, making new calculations and competing with value whether this is a 10, or a 6 or at least a 4-bagger.

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