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Majestic Gold Corp. V.MJS

Alternate Symbol(s):  MJGCF

Metals & Mining Gold
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

Majestic Gold Corp. > Fraser Institute Investment Attractiveness
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Post by auburn2on Oct 20, 2024 1:28pm
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Post# 36273772

Fraser Institute Investment Attractiveness

Fraser Institute Investment Attractivenesshttps://www.fraserinstitute.org/sites/default/files/2023-annual-survey-of-mining-companies.pdf

Niger is at the bottom with China considered just a bit better. Could partially explain the apparent reluctance of mgmt and board to buy shares or push for share price exposure via options? Mr. Kenwood, President and CEO, has been at the top for over 10 yrs yet holds 270,000 shares in total. I believe Richard holds more shares than all the executives and directors combined.
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