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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 rbg3006on May 04, 2023 6:38am
127 Views
Post# 35429308

Questions about Persitence Group

Questions about Persitence GroupI have some questions. Maybe someone from the forum can answer them for me.
When I look at the numbers of MJS, I wonder where the interface is
in the mining process between Persistence Group (PG) and MJS.

What are PG's responsibilities and what are MJS's responsibilities?

Who has the mining rights, MJS or PG?

How can nozzpack make a projection to the presumed IPO price if
for example, PG's current profit is not known.

And why is it possible to make a presumptive IPO price based on the
number of shares of MJS? PG's share count is 10 billions.
(About 10 times as many as MJS).
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