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. > HKEX Saga

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Post by Value2020 on Aug 23, 2023 6:49am

HKEX Saga

I really wish the company would put a simple news release outlining the process and timelines so that people wouldn't have to dig up info and put an end to this saga. On the surface it seems like the only way to get money out of china.

We all now know that there are over $.07 of cash on the balance sheet making it the cheapest gold stock on stock market.

Hoping for clarity by next next thrusday Aug 31 on this and the push back yeilding to higher grade.

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Comment by Armitage45 on Aug 23, 2023 10:23am

"I really wish the company would put a simple news release outlining the process and timelines" They never did since Kenwood is in charge. His predecessor was the opposite, with big announcements until Mr Kong dumped him. Communicate only the bare necessities is not only strategy but maybe also an indication that their balls are in Chinese hands. That's also a reason why there is no ...more

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Majestic Gold Corp.