Description: Majestic Gold is currently in the commissioning stage of its flag ship property in China and currently is mining gold at a rate of 3000 tonnes per day. Based on a recent independent preliminary assessment report Majestic Gold's flag ship property is valued at US$ 525 Million using a 10% discount rate. Over the life of the mine production is expected to reach a total of 2.3 Million ounces of gold with an average of 105,000 ounces per year. With revenues of over $5 million for 2010 alone the Company is poised to continue to meet or exceed its production targets.
Home Page: www.majesticgold.com
1688 152nd Street
Surrey,
BC
V4A 4N2
Canada
Phone:
604 560 9060
Officers
| Name | Title |
|---|---|
| Mr. Stephen Patrick Kenwood B.Sc., BSc, P.Geo., PGeo | Pres, CEO & Director |
| Mr. James Mackie CGA | Corp. Sec. & CFO |
| Mr. Shufeng Zhou | GM & Chairman of Yantai Zhongjia Mining Company Limited |
| Mr. Richard Shao | China Consultant/Advisor |
Exchange: PINK
Country: US
Currency: US Dollar ($)
| GIC Sector: | Materials |
|---|---|
| GIC Group: | Materials |
| GIC Industry: | Metals & Mining |
| GIC Sub-Industry: | Gold |
| Forward PE: | 0 |
|---|---|
| Trailing PE: | 3.75 |
| Price-to-Book MRQ: | 0.9879 |
| Price-to-Sales TTM: | 1.4298 |
| IPO Date: | |
| Fiscal Year End: | September |
| Full Time Employees: | 0 |