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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

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Post by Value2020 on Apr 10, 2021 11:47am

How???

34 million cash

15 million Net Income

53 million Market Cap

This is CRAZY

53 M - 34 M = 19 M

Mjs is worth 19M while generating 15M/year
Comment by richard45161 on Apr 10, 2021 1:13pm
HI value, thank you for your presentation. I am convinced that MJS will soon announce a share buyback program and then the price will finally begin to develop. My goal is about $ 0.40 per share   last year this did not take place because of Covid. I wouldn't be surprised if this time it is twice the size (around $ 10 million), due to the hugh amount of cash. A dividend would be ...more  
Comment by dmuy on Apr 11, 2021 10:23am
Silvercorp pays a dividend.
Comment by Sharegar777 on Apr 15, 2021 7:19pm
  It is just a matter of time before Majestic gets the attention it deserves. I have been watching on the sidelines for quite a while. Decided to get on board a couple of days ago at 5.5c. Let us see how good my timing is.    Cash will build up quickly. Assets on the book are worth plenty and Gold grade has been increasing as well. It is a good time to accumulate shares sit back ...more  
Comment by rbg3006 on May 01, 2021 8:24am
Unfortunately, it is not possible to receive responses from management via the official channels. The only legal way to ask questions to management is at the annual general meeting. Since this is usually a back room event, I assume that it will not take place virtually in 2021. So you would have to find a Majestic shareholder who lives in the Vancouver area. It makes sense to have two shareholders ...more  
Comment by mlamb123 on May 01, 2021 11:39am
My friends Ive have owned this stock for 15 years. Nothing ever changes and they never do anything to make it better. Its a waste of your time. We will probably be at .05 in 3 years.
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