Majestic Gold Corp. MJGCF

Fan Zhong Kong

[auburn2]

https://uk.marketscreener.com/quote/stock/MAJESTIC-GOLD-CORP-111962158/company-shareholders/

Where to find out more about this person who holds almost 13% of the shares?

[TOCKY8008]

Download the prospectus document from Persitance website. Persistence Resources Group Ltd It's a fantastic mine of informations in regards to Majestic, Do a word search  for Fan Zhong Kong.Check out his family too. TOCKY8008

[auburn2]

"As at the Latest Practicable Date, Majestic Gold has no ultimate controlling shareholder and was owned as to approximately 80.01% by public shareholders who were Independent Third Parties, approximately 16.34% by Mr. Kong Fanzhong and his child, Mr. Kong Ning () collectively, approximately 3.64% by Mr. Wang Lei and approximately 0.01% by Mr. Mackie James Thomas, an Executive Director

[auburn2]

For whatever reason, it would appear Western investors are timid about owning shares in Majestic. I'm guessing all the meaningful share positions generally are held by Chinese people from what I can discern from the public data. Does anyone here know of any meaningful positions held by Western investors in Majestic?

[Santa12]

And that is exactly the problem. MJG has been controlled by the Chinese since the CEO replacement. Only what is in their interest happens.

[auburn2]

Interesting! Sounds like you have closely followed the story for many years? What's the end game here? Here's the NR where management and board was reconstituted: https://majesticgold.com/site/assets/files/4235/2013-11-15_nr.pdf Notice Kenwood has been in place since 2013 yet has only 270,000 shares. John Campbell 0 shares. Curious also to know if anyone knows what magnitude of wealth

[richard45161]

thesis but no argument, proof or whatever Its an trust me bro argument and its BS.  To be clear, it is not known who are the people nehind the small group with the shareholder majority and where they are located.# Its the same with mr. conclusion auburn. He is wrong ...upppsi.... doesent mean in cant shout my other weak conclusions into the world until i am right for once or, i just spread