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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 DetVicMackeyon Jun 08, 2023 3:18am
81 Views
Post# 35485907

RE:RE:RE:The public part of an IPO (ChatGPT)

RE:RE:RE:The public part of an IPO (ChatGPT)@rbg3006 See my post on Aura Minerals as a comparable IPO example and look at its price chart back from the period of March 2020 to September 2020. It initially went up at the prospect of a Brazilian IPO and then pulled back after a brief delay due to the uncertainty of COVID. Demand was so strong that it was not put on ice for too long and led to a five bagger, all during a pandemic. MJS has the potential to quickly re-rate too if given some time. Markets are not efficient. I have been accumulating on dips as others have bailed. While hope is not a good investment strategy, I do have faith as experience has taught me.
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