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

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TSXV:MJS - Post Discussion

Majestic Gold Corp. > Simple Calculation

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Post by Value2020 on Nov 30, 2024 8:03am

Simple Calculation

Market Cap: 83 Million

Cash: 100+ Million

Generating: about 6+ Millon per quarter

Other than the current share price whats not to like?

Dividend Done | Asset purchase Done |

Just buyback shares until share price hits fair value, every share bought back is accretive. Its that simple!!!

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