Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.

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 22882288on Apr 24, 2024 11:26am
118 Views
Post# 36005153

RE:Profit expectation

RE:Profit expectationDear Richard, I know you have been a very long-term and loyal shareholder of MJS and your input, both positive and negative, on these message boards is always appreciated. I hope you, along with the rest of us shareholders, get that coveted dividend that the company can easily afford to distribute with excess cash flows. China's capital outflow restrictions I imagine have played a part of transferring funds from the PRG subsidiary to the MJS parent a non-starter. The HKEX listing hopefully opens the door for cash to be moved to Hong Kong and then freed from there. With the AGM moving back to its pre-Covid timeline, we shall find out sooner rather than later if things are in fact changing from a structural level. I'm quite optimistic and was pleased to get my shares today's flash crash.
<< Previous
Bullboard Posts
Next >>