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Majestic Gold Corp. MJGCF


Primary Symbol: V.MJS

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 richard45161on Aug 23, 2024 9:16am
99 Views
Post# 36193123

PRG Profit Alert

PRG Profit Alert
23/08/2024 19:43 02489 PERSISTENCE RES
Announcements and Notices - [Inside Information / Profit Warning]

The net profit for the 6 month periode 24 INCREASED about 50% from RMB52,769,000 (2023) to approximately RMB79 million, wich is about 11 mio. USD

Remeber, Q4 net profits are generally the weakest due to taxes and stuff, so you cant just double the half year profits to get year results. Lets hope gold grade improved and higher goldprice also contributed to a possible record breaking net profit  of 20 Mio US+ for 2024

lets take a break and remeber, who made this possible and who should benefit from this
...oh hey - its us :)

all the best
Richard
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