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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

Majestic Gold Corp. > Has Persistence listing been approved in Principle ?
View:
Post by nozzpack on Jul 30, 2023 8:32pm

Has Persistence listing been approved in Principle ?

Persistence has been allocated stock code 810436.

" Following acceptance of a new listing application, we will issue a letter to notify the CIS Applicant of the stock code allocation arrangements.

 

The drawing of the stock code can take place prior to the issue of the AIP and a confirmation of the stock code will be issued when we issue the AIP for efficiency."

Its not crystal clear but Persistence may be approved in principle subject to approval of the IPO documentation ..
 
Comment by nozzpack on Jul 31, 2023 5:13am
Yes, the listing is approved in Principal The drawing of the stock code can take place prior to the issue of the AIP and a confirmation of the stock code will be issued when we issue the AIP for efficiency." AIP = Accepted in Principal So, any day now the IPO price news .. 810436 Persistence Resources Group Ltd Watchlist 0.0000.0000.00 ...more  
Comment by richard45161 on Aug 20, 2023 4:41am
This is, again, a perfect example how your portrait your unsubstantiated theories as fact. The resoning is here is exceptionally thin   - you quote from the Guidance Letters for New Applicants: https://en-rules.hkex.com.hk/rulebook/guidance-letters-new-applicants   "Following acceptance of a new listing application, we will issue a letter to notify the CIS Applicant of the ...more  
Comment by nozzpack on Aug 20, 2023 2:28pm
I hope I am wrong but that remains an interpretative decision. This is a very convoluted process that has wasted a year . We have plenty of funds to install X RAY non chemical ore separators which will considerably boost gold production at the same milling rate which means lower costs per ounce.. Add GPS to allow better surgical blasting and voila we are at 100,000 ounces. I will also note that ...more  
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