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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

Post by Armitage45on May 31, 2024 12:57pm
130 Views
Post# 36066565

The China Taiwan/USA issue

The China Taiwan/USA issue is of course shadowing Majestic, but more in a general way. 22k shares sold because of the actual but almost traditional threatening by China seems a little bit far fetched. 

It's much more likely that the guy who sold saw the first ads of the MJS stockhouse.com campaign, which has started yet and yes these ads are really ridiculous.

And by the way: even 0.065 is too expensive for Kenwood and friends i. e. he still thinks his company is overvalued. 
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