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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 nozzpackon May 10, 2023 2:44pm
63 Views
Post# 35441367

RE:RE:RE:RE:RE:Company structure after IPO

RE:RE:RE:RE:RE:Company structure after IPOHK is China's richest market per capital by a long while.
They can buy MJS 
Then there are western buyers some of whom potential placees.

Buyinh one MJS share is the same as buying 12 Persistence.

MJS did hire a HK investor a few years and will have to move the share price upwards as no one would be foolish enough to buy Persistence shares at such a huge premium as compared to buying its parent company shares..
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