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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 richard45161on Dec 01, 2024 2:23am
117 Views
Post# 36339364

DCF valuation adjusted up

DCF valuation adjusted up
fair value = 0,26CAD / 0,15€
https://simplywall.st/stocks/de/materials/fra-mjt/majestic-gold-shares/valuation

9K ounces would certainly have been 0.2€. Now the question to you, do you believe that MGM can produce the 10K in Q4? If so, is it very likely that they will then also be able to produce the 10,500 osz stated in the CP from Q1 2025 onwards for 2025
 
Regards
Rchard

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