Post by
rbg3006 on Jan 09, 2024 10:12am
GDXJ vs MJS (revised)
I don't want to defend the management, but a comparison of the MJS share price with th VanEck Junior Gold Miners ETF over the last 3 years shows, that the entire sector has a problem:
https://postimg.cc/4mC24Zsv
(The blue line is MJS)
Comment by
Armitage45 on Jan 09, 2024 10:27am
good point! But now we're listed at the HKEX and the company wants to become a tier 2 producer and obviously the market consider us as a junior, at best. Maybe news that PRG will use the money in the intended way and builds up a stable gold company will bring the turnaround for PRG, but not for Majestic. A hard long journey ahead.