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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 Armitage45on Oct 24, 2024 6:09am
94 Views
Post# 36279724

Why always

Why always ignore the obvious and build up some pseudo reasonable constructions? It's obvious that the market (i.e. all investors and insiders) is not convinced, even after the dividend. If Kenwood would have some skyrocketing informations about his company he would buy like hell, as well as a bunch of other guys. It's that easy. Just because some overinvested guy from Germany is scared to death and therefore hallucinates some fairy tail forecasts, doesn't mean they will come true. Fantasising a SP of 0.2 USD at the end of November... it's ridiculous, 0.01 loonies are far far away. 
And the best argument comes always from the guy with logic is name: Because some "pretty smart guys" from GS bought millions of shares this has to be good news.  This sounds really desperate, but not so desperate like this post in the CA forum: "the chart still looks good" LOL
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