Majestic Gold Corp. V.MJS

Alternate Symbol(s): MJGCF

Metals & Mining Gold

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

Majestic Gold Corp. > WTF!!!

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Comment by nozzpackon Dec 14, 2023 12:13pm

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Post# 35784689

RE:RE:WTF!!!

IPO well below expectations at about 9.5 cents per share including the discount .

I don't understand the International option but assume those will also have to be bought in the HKEX.

My average was about 0.060 per share so I reduced my position here and bought more of Maritime Resources ( MAE ) which have the goods to be a solid 5+ bagger on project assets, emerging production of high grade open pit gold, and industrial gold processing of NFG production in a year or so and an obvious buy out target ,.

My hope is is for the future of the expanded SJ pit..

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