Majestic Gold Corp. V.MJS

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[Freddy1989Germa]

In the video you can also see at 18:50 how the market values Majestic as if the gold price were much lower.

[22882288]

I am a big fan of the work done by Albert, @katchum on the other messaging board, even though my stock screens and valuation metrics differ from his. Nonetheless, his views and presentation of various stocks provides me with a solid second opinion. I own several stocks in the video with my largest positions being 1) Majestic Gold and 2) Mineros SA. I have yet to sell any shares in either name

[auburn2]

MSA looks good until looking at the reserves, where the grade is scary-low. 0.05 g/t Au for most of the reserves. Low NPV, understandably. That's the problem with tables that compare just 1 or 2 variables. I'd rather hold bonds than MSA.

[22882288]

Why do you keep spreading so much disinformation? Nech Alluvial is an alluvial deposit where dredging is the extraction method. Despite the 0.05g/t reserve grade, it has been in operation for 50 years! A highly profitable operation with AISC being phenomenal at <$1,450/oz. The NPV is understandably very high. Enjoy holding your bonds while I collect 21% dividend yield on my cost base. Source:

[auburn2]

I was doing quick DD. I viewed the reserves in the annual info form and NPV values there after going over the financials, which are good. Will have a more in depth look @ MSA another time.