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Bullboard - Stock Discussion Forum Majestic Gold Corp. V.MJS

Alternate Symbol(s):  MJGCF

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

View:
Post by Santa12 on Nov 12, 2020 10:56pm

Q3

... an average realized gold price of $1,677 per ounce ?????
Comment by Value2020 on Nov 13, 2020 7:45am
Hedging by preselling part of future production or local market dynamics might work different from the spot market.  Another reason might the purity of the gold sold is lower than the standard.  Can't think of any other reasons. 
Comment by wrzkll on Nov 17, 2020 1:00am
I do... CHISCAM!
Comment by Value2020 on Nov 18, 2020 9:29am
For every Lukin Coffee there is Nikola rolling a truck down the hill. Scam are everyhwere CHI US CA remember Bre-ex. So far everything has been POSITIVE with company this year. License renewal (10 year) Production rising  Debt being paid off agressively  Gold price holding  Earning being reported 6 weeks Q end instead of last allowed day
Comment by Value2020 on Nov 18, 2020 9:30am
Forgot an important point...  Company been around and reporting for 10 YEARS!!!!!!!