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Production Update expected
Flintstone601
10/15/2012 4:34:44 AM | No Recommendation | 367 reads  | Post #31656461
 

In german boards they are expecting a production update today or in the few coming days. According to Fact sheet, that they updated last week, we can expect 6000-7000 ounces.http://www.majesticgold.net/investor_fact_sheet.php An increase of 25%-45% to last quarter. According the prospected production graphic they reach full production till end of this quarter (-> 9000 ounces/month -> 110000 ounces/year, at cashcosts of 350$ prospected). Everyone who is selling now with this outlook will probably act very nearsighted, and will regret his decision. Furthermore they want to get MJS listed on  HKSE in the coming months.

-> 1 billion Chinese are waiting to buy aggressively our Majestic Gold shares at higher prices! On HKSE goldmines like MJS are valued average with factor 5 (at present stand of production. When they reach full production of 110000 ounces/year the SP will go even higher...

(I'm no pumper, I only post some facts...make your own DD) Best Regards, Fred

 
 
RE: RE: Production Update expected
MisterB3
 10/16/2012 4:59:00 PM 5
RE: Production Update expected
morricone2
 10/15/2012 10:46:33 AM 5
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