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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

Comment by richard45161on Nov 18, 2022 1:48am
80 Views
Post# 35109381

RE:RE:Five Largest Gold Mines in China are all Underground

RE:RE:Five Largest Gold Mines in China are all Undergroundits the old story with MJS:

Facts:
- great value
- management failed miserable serveral times to bring up share holder value
- IPO will dilute share holder value
- Prospects of how the IPO can have a positive effect are only prospects. We had reasonable prospects for the last 2 years. These were not met.

We will lose significant value with the IPO and get propects... great, were have i heard this before?
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