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

Alternate Symbol(s): MJGCF

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. > AGM

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Post by Value2020 on Nov 16, 2022 6:53pm

AGM

Why can't we get MJS listed on HKEX?

Then show results for 2-4 quaters and issue debt leaving the equity alone. If we are going to see the HKEX pop it would happen. If not atleast we retain our shares as is.

Don't get me wrong i believe fairly valued MJS is worth .20c-.30c, that the reason i am here. I am just not getting the way management is going about it.

Again if i am missing something, would love hear back.

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Comment by nozzpack on Nov 16, 2022 8:00pm

I don't think you fully understand the objectives and outcomes here . MJS with its 74% ownership of Sino Gold's two mines, producing 40,000 ounces per year, nets close to 30,000 ounces right now. Excluding the planned acquisition, and using the grade, pit volume expansion and expanded mill, Sino Gold will produce about 120,000 ounces per year. MJS will get 50% of this, which is 60 ...more

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Majestic Gold Corp.