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Bullboard - Stock Discussion Forum Majestic Gold Corp. MJGCF


Primary Symbol: V.MJS

Metals & Mining Gold
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. > One could think
View:
Post by Armitage45 on Oct 18, 2024 10:30am

One could think

that this stock is more or less independent of the PoG, but I guess that's not correct. If the POG would be 500 Dollars lower the share price would probably be around 5c or even lower.  So maybe, if Gold is around 3k USD, MJS could reach 8,5 c or even 9c. In any case far far away from some pot smoking forcasts here. 
Btw I remember some guys here - when I sold a bunch at 10c - saying that is crazy blabla weak hands blabla ;-))
Comment by richard45161 on Oct 18, 2024 11:03am
things you actually never do: thinking or providing any kind of vaue what so ever. Thesis: PRG will announce a second dividend with the year end results of 2024. Arguments: Looking on POG, confirmed production forecast for Q3 and Q4 when Q3 was already one month old -> PRG will earn most likly 20 mio net profit for 2024. The wording of the PRG dividend anouncment reads as dividends will  ...more  
Majestic Gold Corp.