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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. > PRG half year report is published
View:
Post by richard45161 on Sep 13, 2024 1:28pm

PRG half year report is published

https://www1.hkexnews.hk/listedco/listconews/sehk/2024/0913/2024091301434.pdf

i can gihly recommend the block function. There was nothing to learn in the past, only noise.

opinion
life is good. The group will most likly earn 20 milion net and MJS share is around 14 million in 2024. Dividends will come half year and full year and MJS will distribute around 0,014CAD/0,01USD  for the year 2024.

Business is stable and organic growth (results of the mine expansion) will most likly confirmed with Q3 figures end of november. Year end dividend for 2024 will be anounced with the anual results 2024 in march. 

My target shareprice is 0,25USD with a PE aorund 18 and and PB of around 2,4. With the dividend, the world startet to make sense again. 3 years of IPO F## up are behind us. life is good - dont get distracted by BS, baseless speculations what so ever. MJS and its share holder majority decided to use the exellent fundamentals to benefit shareholders. Busnisess will most likly able to support this from now on into the future

life is good
best
richard
Comment by Alfonso44 on Sep 13, 2024 1:53pm
Richard, thank you for your devoted efforts to analyse the informations, your efforts and comments are appreciated. Regards
Comment by auburn2 on Sep 13, 2024 2:00pm
Richard depends on this "money prison" to finance his basic expenditures. Quote: "haha i now have the money to buy a need wireless keyboard, since the old one is degrading rapidly. My spelling was terrible, in part due to the keyboard." https://stockhouse.com/companies/bullboard?symbol=v.mjs&postid=36201085
Comment by richard45161 on Sep 13, 2024 3:25pm
best richard