Majestic Gold Corp. V.MJS

AGM items 2024 are published

[richard45161]

lol...first post was reported and removed, so repost without rejected parts. You can jufge for yourself 



There is no mention of Share holder value measures, there is no mention of a dividend, The documents were published on a saturday without accompanying corporate update.

It must be clear to even the ##### and most unprofessional MGM that the publication of AGM items without shareholder value measures and without accompanying corporate update could have an extremely negative impact on the share price.

 

After 3 years of constant failures by MGM and endless waiting, while our share in the asset got diluted and the cash position grew to 100 Mio US with a market cap of 55 Mio US. More than 7 months after the IPO and the removal of all restrictions. After repeated assurances that the concerns of the small shareholders would be heard and taken into account...just nothing.
 

All its left is the same BS as the years before:

- missed timeline and milestones
  - sharebuyback 1 + 2
  - mine expansion at least 1 year behind
  - IPO took almost 2 years and 4 attemps
  - delayed mine aquisitation process for almost 6 months
   - Q1 indicating that production forecast might not be met for 2024
- no communication how we will benefit from the IPO of PRG, from the sucess of the company in the last 3  years and in the future
-no communication how the future of the company will look like
- last mention of the Lithinium tenement (16.05.2023) more than a year ago with almost laughable content
- CFO James Mackie who lied to me via phone and via mail


I made my stance on this clear and transparent without any vague hints. I demand a dividend and i really think its not only time, it would make the most sense. I would have accepted a "non dividend" decission if we finally get a plan from MGM how we finally will benefit from this disaster of an investment.

But this. It is really unbelievable. To publish this on friday after the exchange has closed without a accompanying corporate update. Monday 03:00 AM EDT will the stock market open in germany. How the #### do they think shareholders will react to this without a long overdue corporate update?

How '##### ###### can someone be? This is not hard to understand? Its pure negligent and one more big fat middle ##### to us small investors.

It is very likly that a corporate update will come soon. It would be wise to wait an see what mgm is communicating or not. This MGM with this middle fingber attitude, its hard to make any sense of anything with this clown. just wow


1. to receive the audited consolidated financial statements of the Company for its financial year ended December 31, 2023, the Report of the Auditor on those statements, and the related Management Discussion & Analysis;
2. to appoint an auditor for the ensuing year and to authorize the Directors to fix the auditor’s remuneration;
3. to set the number of directors to be elected at the Meeting;
4. to elect directors for the ensuing year;
5. to consider, and if deemed appropriate, pass, with or without variation, an ordinary resolution approving and ratifying the Company’s stock option plan for the ensuing year;
6. to consider any amendment to or variation of any matter identified in this notice of Meeting (“Notice”) and to transact such other business as may properly be brought before the Meeting.

notice of meeting: https://www.sedarplus.ca/csa-party/records/document.html?id=f1f0c52eb58e7f9ca82ed1f54ceedbb74cc7db96dde4db0bf1b1f39fa202735f

https://www.sedarplus.ca/landingpage/ and search for documents and majestic gold.



all the best to all investors.
What a #### dissaster. 100 Mio cash and just nothing. Today, i am just speechless
Best
Richard

[auburn2]

Richard, you state: "- CFO James Mackie who lied to me via phone and via mail." What did he lie about?

[richard45161]

You can have different views but i am not making stuff up. How this clowns of MGM can think their work is appropriate in any form , i have really no clue. Why they are not fired from the "small shareholder majority", i really dont know. 1 "After repeated assurances that the concerns of the small shareholders would be heard and taken into account..." via mail and on