Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

Bullboard - Stock Discussion Forum 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... see more

TSXV:MJS - Post Discussion

Majestic Gold Corp. > A few thoughts on MJS
View:
Post by rbg3006 on Sep 24, 2024 4:05pm

A few thoughts on MJS

I don't think Goldman Sachs bought or sold any shares in MJS. MJS is simply too small for that. GS was just an executing bank for someone. (Perhaps some Chinese.)
The only question is who sold the millions of shares and for what reason.

On the due date of the dividend, the dividend is deducted from the share price. Hopefully the share price will recover again in the short term.

A gold mining company does not need advertising or marketing. The gold mined is simply sold at the market price. That is why there are no board members with marketing know-how.
They are either mining engineers or financial people.
If MJS is not able to do investor marketing, we shareholders have to take over. That is why I asked in this forum a few days ago whether anyone knows of any forums about PRG.
For example, Richard's arguments should be published there as to why it is more interesting to invest in MJS than in PRG.
I left a comment on Momo's PRG page.

Comment by auburn2 on Sep 24, 2024 10:15pm
I guess investors prefer PRG because they fear MJS will get delisted and leave them with nothing. What's your speculation?