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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. > Gold price back at start of year...
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Comment by nozzpackon Feb 23, 2023 1:35pm
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Post# 35301337

RE:Gold price back at start of year...

RE:Gold price back at start of year... Perhap but the USD oil on tenous  ground with economic weakness now accelerating due to declining disposable incomes reducing consumer spending.

The 10 year bond yield is now in retreat and job losses continue to pile up.

Plus the BRICs are going to  create their own Swift system based on PMs in order to escape the hegemony of the USD.

So, longer tern , we are very well positioned as the BRICS represent 70% of the worlds population ..
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