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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 Armitage45on Apr 21, 2023 12:40pm
88 Views
Post# 35407492

RE:Why the share price can't rise

RE:Why the share price can't riseMaybe  you can invest here a few hundred dollars and trade the spread, but not let's say 10k, because if you have to sell the SP will go down by 30 percent, that is ridiculous. And the mgm isn't invested here so they have no interest in marketing.
They seem to have not the slightest idea how to get things going. They spend millions for that absurd construct HKEX listing instead of paying a dividend. They do everything for not participating the shareholders, that is imho close to fraud.
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