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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 Jun 08, 2023 5:15am
74 Views
Post# 35485924

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

RE:RE:RE:The public part of an IPO (ChatGPT)This is not unique to Majestic as I own another small cap gold.
Volumes are almost non existent and liquidity almost non existent.

Also demand for gold in China far outstrips Chinese gold production.
I doubt, with their long period of operating in China, that they are so ignorant of Chinese  investment demand, that they would submit a IPO prospectus that would make or break their listing application..
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