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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 TOCKY8008on May 17, 2024 8:08pm
74 Views
Post# 36046738

RE:RE:Incredibly lower insider ownership. Why?

RE:RE:Incredibly lower insider ownership. Why?Tku Richard,

for your input on this Gold Company .
FYI , I own and follow this "babe" since 2009...  :)  :(   ;)  
I looked at earlier MDAs and dig out the following :

About 27 millions options @ $0.12 expired in the last 5 years.

BUT  in Feb. 2018 the last PP was for 64.7 million shares @ $0.15 ,no warrants.
ALSO from july to sept 2018  67.5 million shares warrants ( earlier PP @ $0.135)
were exercised @ $0.155.
MJS share price in 2018  $0.04 -  $0.11.
I know YOU knew that , it's for the others..
Mr Kong and his family own more than 30% of the mine.
He is the Kingpin.
He will NOT screw us.
The next 2-3 months should be ...
TOCKY
 


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