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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. > I really thought
View:
Post by Armitage45 on Sep 19, 2024 9:58am

I really thought

the dividend could be a game changer here, when I bought at 7c. But that's obviously not the case. There was this huge crossing of shares with a little spike and no one knows what this maneuver was all about. Now the momentum is gone and good ol' MJS is back, slowly going down with almost no volume. So after the dividend this could go down to 6c again. That they will pay two dividends, that's wishful thinking imo. They called it special dividend for a reason. With a POG over 2500 I hope 10c are possible, 20c is out of reach imo.
Comment by richard45161 on Sep 19, 2024 10:20am
ill take you as a great contra indicator little dissappointed in the language and the lack of personal attacks, but will let this slip this time. hope we get the good old armitage back soon best Richard