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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 30, 2022 2:47am
107 Views
Post# 35138727

RE:RE:Detailed Infor. on HKEX,SRK Report and Implied Valuation

RE:RE:Detailed Infor. on HKEX,SRK Report and Implied ValuationHI nozzapck,

thank you as always for your input. A lot is also brought to the german forum.

Quick question about "a special dividend is being mentioned as part of a successful HJEX"

Can you point to the part in the documentation?

In your opinion, were is the money coming from. Will it purly from the already existing cash position or is some cash transfered from persistance to MJS after an successful listing?

As of right now, iam against an sellout of the Mine. I think it would be best that MJS is paying a yearly dividend of 0.01 US$ and participates in the increased value for the next few years. 

best
richard
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