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.

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Majestic Gold Corp.

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Post by nozzpackon Mar 22, 2023 8:54am

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Post# 35353186

Own Gold, Own Profitable Gold Stocks

"I like it as money.
It’s an alternative to the dollar, to the euro, to the Japanese yen.
It’s also a store of value.
It preserves wealth.
I like stocks to grow my wealth, but gold to preserve it.”

Thats very true for me too.
But, free cash flowing Gold stocks will also grow your wealth .
So, I continue to buy gold coin for the inevitable collapse of the USD and the inevitable rise in the POG by the BRICs who own the most gold

This gives me an alternative currency convertible to cash where ever I live or travel .

But, if you own free cash flowing gold producers , you can quickly compound the value of your wealth.
MJS is one of the lowest cash cost producers in the gold world.
It is the best free cash flowing gold producer that my extensive research has identified.
I own another emerging producer whose future also looks very bright , also with a sparkling balance sheet.

These are troubling times, as it always is when a world reserve currency collapses.
Saudis have just announced that they will accept Chinese Yuan for their oil.
likewise, the Russian Ruble.
So, the end of the US petrodollar is near...

Set up your wealth pantry accordingly ..