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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 rbg3006on Sep 24, 2024 4:05pm
77 Views
Post# 36239033

A few thoughts on MJS

A few thoughts on MJSI don't think Goldman Sachs bought or sold any shares in MJS. MJS is simply too small for that. GS was just an executing bank for someone. (Perhaps some Chinese.)
The only question is who sold the millions of shares and for what reason.

On the due date of the dividend, the dividend is deducted from the share price. Hopefully the share price will recover again in the short term.

A gold mining company does not need advertising or marketing. The gold mined is simply sold at the market price. That is why there are no board members with marketing know-how.
They are either mining engineers or financial people.
If MJS is not able to do investor marketing, we shareholders have to take over. That is why I asked in this forum a few days ago whether anyone knows of any forums about PRG.
For example, Richard's arguments should be published there as to why it is more interesting to invest in MJS than in PRG.
I left a comment on Momo's PRG page.

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