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. > still nothing

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Comment by auburn2on Aug 07, 2024 10:40am

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Post# 36167451

RE:RE:RE:RE:RE:RE:still nothing

Why buy through 'straw men'? It's embarrassing when they hold 0.03% of the shares outstanding, no? I just listened to this investor update from Magna Mining (https://www.youtube.com/watch?v=O_mb7fJnZ9E) and he says management and board own 10% and Dundee sitting on their board holds 20%, and all the executives and directors are shareholders, with the Chairman having a large position. Isn't that what should be expected of a respectable company?

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