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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.


TSXV:MJS - Post by User

Majestic Gold Corp. > Basic Math
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Post by Nklogixon Feb 15, 2023 10:31am
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Post# 35287254

Basic Math

Basic MathMJS cash position end 2022 8.0c-9.0c CAD. Q4 results due withing 4-6 weeks
Add minimum of 3.0c-4.0c CAD for 2023.

Math says minimum 8.0c CAD + 3.0c CAD = 11.0c CAD CASH

Today's share price is less than that.  Looks like the safest inventment around, with huge upside.

Giddy up!!! 


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