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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

Comment by richard45161on Aug 29, 2024 10:17am
114 Views
Post# 36201085

RE:Dividend !!!!!!!!!!!

RE:Dividend !!!!!!!!!!!Congrats to all who were able and willing to get t this point!
thank you for all that provided valuable information here!

---my post german forum -----

MJS is finally taking the only right step. The dividend is admittedly small (0.007 CAD currently corresponds to around €0.0047), but they are making a killing and the likelihood that a dividend will be paid every year from now on is very high!
 
Let's hope that the information on the mine expansion is also positive!
 
Dividend yield at 0.007 CAD = €0.0047
€0.10 price corresponds to 4.8%
€0.15 price corresponds to 3.13%
€0.20 price corresponds to 2.35%
 
Interest rates will continue to fall, which makes dividend yields more attractive.
 
Now everyone can calmly consider how much return they want to make. In my opinion, the likelihood that a dividend can be paid in the following years is very high. This will be adjusted to the profit. We can be relatively certain that profits will increase.
 
Greetings
Richard



--------

haha i now have the money to buy a need wireless keyboard, since the old one is degrading rapidly. My spelling was terrible, in part due to the keyboard 
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