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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 auburn2on Sep 04, 2024 10:54pm
165 Views
Post# 36209218

In a war situation:

In a war situation:

Kinross to suspend Russian operations: https://www.kinross.com/news-and-investors/news-releases/press-release-details/2022/Kinross-to-suspend-Russian-operations/default.aspx

PHX Energy Announces Withdrawal from Russia:https://www.globenewswire.com/news-release/2022/08/02/2490230/0/en/PHX-Energy-Announces-Withdrawal-from-Russia.html

Calfrac Suspends Russian Oil, Gas Completions, Halts Equipment Sales: https://www.naturalgasintel.com/news/calfrac-suspends-russian-oil-gas-completions-halts-equipment-sales/

Leading global OFS operators Schlumberger Ltd, Baker Hughes Co., Halliburton Co. and Weatherford International plc earlier in March said they were also suspending investments in Russia.

Immediately following the invasion over a month ago, BP plc, Equinor ASA, ExxonMobil, Shell plc and TotalEnergies SA made decisions to divest for Russian projects and end further investments.

Anyone here know of any Canadian-listed companies still operating in Russia?

To figure out our margin of safety we need to determine 'the worst that could happen' in a war situation where China is a major player against USA/Canada.

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