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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 Value2020on Dec 16, 2022 1:01pm
199 Views
Post# 35176203

HKEX Listing Outcomes

HKEX Listing Outcomes

2 previously producing mines ready to be acquired as soon as HKEX listing is completed.  Add 2 mines plus Cash from IPO deposited into MJS account also with with the added growth from these 2 mines.

 

The PIE grows from current 40,000oz's to minimum 100,000oz’s. Our share will grow from the current 30,000oz’s to 50,000oz’s + probably 40-50M cash getting added to our 70M kitty.

 

Entire market cap today will be sitting in CASH after HKEX listing. Plus 50% 3 producing mines instead of 75% of 1 mine.

 

Whats not to like again???  

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