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

TSXV:MJS - Post Discussion

Majestic Gold Corp. > 810436 Persistence Resources Group Ltd

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Post by Value2020 on Jun 19, 2023 1:42am

810436 Persistence Resources Group Ltd

Not sure if the actual document was posted here before. The way i am reading it is that the HKEX IPO is a done deal, just a matter of few weeks or even few days.

But what is puzzling is the stock price of MJS keeps sliding lower rather the other way around???

Anyone got any inputs regarding this... Thx

https://www1.hkexnews.hk/app/sehk/2023/105403/documents/sehk23052201142.pdf

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Comment by Armitage45 on Jun 19, 2023 3:32am

the stock price is the elephant in the room, imo if the listing comes as expected, there has to be a move upwards accompanied by high volume at least a month before, conversly i.e. there is a catch.....

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