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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 Armitage45 on Mar 29, 2023 2:42am

listing

Persistence is last on the list https://www1.hkexnews.hk/app/appindex.html<br /> <br />
only one day left so I guess they failed again and it's Majestic so they have no backup plan, so they will try again, so another half year with no trading volume..

I hope this doesn't happen, but that has been the company's pattern for years
Comment by richard45161 on Mar 29, 2023 6:52am
i understand the advantages of listing and the advantages of not going public. For me, the most important point was and is that a consistent and detailed plan was finally linked to this process, on how the management plans the future of MJS and how the shareholders should finally benefit from the success of the company. Now, this prospect seems to be fading and we are again, completly in the dark. ...more  
Comment by nozzpack on Mar 29, 2023 8:03am
Very realistic commentary. After three failures to list, surely they learned nothing in the first two failed .attempts . The problem imo is the convoluted spin out of Persustence. Had Majestic applied directly to list on the HKEX in support of an IPO to fund both organic and inorganic growth, the case would be much simpler and the chances would have been much better. The current thrust is to ...more  
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