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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 rbg3006on Dec 15, 2024 8:18am
90 Views
Post# 36362919

Barchart.com

Barchart.comThe online tool Barchart (Barchart.com)allows you to visually compare the development of two investments. Here I compared MJS with the Vaneck Junior Gold Miners ETF. The result naturally depends on the selected period. In the time range from 9 months to 2 years, the GDXJ is better. In the other periods it is MJS. In my opinion, one can conclude from this that the poor current price development is a sector problem and not specifically of MJS. At the moment, cryptos and AI stocks are more interesting for investors. But perhaps next year the profit situation of mining stocks will attract more interest.

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