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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 22882288on Aug 21, 2024 2:15am
137 Views
Post# 36189222

Shareholder Turnover

Shareholder TurnoverThere has been a lot of FUD (fear, uncertainty, and doubt) posted on this message board of late and it is quite unfortunate that some investors who make investment decisions from such noise fall prey to these tactics. Been around the block several times to be able to notice it. It is quite disgusting what some people do to promote an agenda and/or make a buck. I suspose they justify themselves by arguing that it is technically legal, without concerns about morality which is pitiful. I do not have the time to frequently forewarn the unassuming investor of such questionable persons/entities and I hate to even waste time on such vile characters. At the end of the day it is up to everyone to do your own due diligence. 

For disclosure, I have been an active buyer at these lower price levels as weaker hands have turned over and I now have an even larger weighting in MJS. My cash position has also been growing as I think gold and gold stocks will probably pull back significantly over the next couple of months so I have been taking profits in other gold producers.
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