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.

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Majestic Gold Corp. > Fair value of MJS share after IPO

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Comment by richard45161on Dec 19, 2023 5:32am

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Post# 35791171

RE:Fair value of MJS share after IPO

thank you for the very interessting info! I agree on your assesment below.

I want to quote accordingly CFO James Mackie from my call from end of November:

- "MJS is undervalued"
- "Shareholder Interest is important to the MGM"
- "The IPO process blocked all measures out of the ordinary, since it would be forbidden during the IPO or complicate and already complicated process even more"
- "All shareholder value measures are on the table and beeing discussed after the restrictions from the IPO are over"

The IPO will finish December 22nd. Lets all wirte Mails to "James Mackie <james@majesticgold.com>" that MGM must comunicate ASAP after the IPO, how MJS shareholder will benefit from the companys sucess in the last 3 years, from the IPO and in the future. They cant take months after the IPO. This communication must come ASAP.

Until then, MJS is fundamentally undervalued, the IPO can have significant positive effects. There is so much more on the positive side to weigh of the on negative side "no turst in the MGM".

Lets see if the will finally work for their shareholders interest as they should.
thank you and best
RIchard

p.s.: i will quoteyour assesment also in the german forum, i think its very useful

James Mackie <james@majesticgold.com>

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