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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. > PetroTal as an example
View:
Post by auburn2 on Aug 15, 2024 4:04pm

PetroTal as an example

See how they've leveraged their balance sheet to reward shareholders through buybacks and dividends while continuing to execute on and grow the business. Majestic needs a CEO with more skin in the game and more interest in doing something for shareholders. Assuming everything is on the level. I don't know. Something is preventing clear and obvious ways to create shareholder value. An ambitious and properly invested management team would be eager to correct and address the red flags everyone can see.
Comment by auburn2 on Aug 15, 2024 8:34pm
"Always been a story of free cash flow and giving it back to the investors." Manolo Zuniga, CEO of TAL: https://www.youtube.com/watch?v=5xk2XCn_ynk Manolo is a winner, deeply invested in PetroTal, does what he says he's going to do, and demonstrably cares about shareholders. They do dividends, buybacks, and at the same time try to maintain at least US$60 million of liquidity. Over ...more  
Comment by auburn2 on Aug 15, 2024 8:44pm
"Something I always like to remind our shareholders: Whatever I promise, I always deliver." Great interview. Much better than paying for Stockhouse ads.