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Home > (MJGCF.PK, CSBC, LSCC, HSNI) Stock Highlights by PennyOTCStock.com

(MJGCF.PK, CSBC, LSCC, HSNI) Stock Highlights by PennyOTCStock.com

September 16th, 2011 at 01:30 pm








Majestic Gold Corp. (MJGCF.PK)

Majestic Gold Corp. engages in the exploration and development of mineral properties in China. The company focuses on its gold project located in the prolific gold region of Song Jiagou in eastern Shandong Province. Majestic Gold Corp. is headquartered in Vancouver, Canada.

Chemical & Physical Properties of Gold:

Chemical symbol for gold = Au
Atomic number = 79 (79 protons and electrons; 118 neutrons)
Number of naturally occurring isotopes = 1 (stable) (70 total possible)
Atomic radius = 0.1442 nm
Atomic mass = 196.96657 amu
Density = 19.3 g/cubic cm
Specific gravity = 19.32 (Gold is one of the densest of all the chemical elements, compare to 7.87 for steel, 14.0 for mercury and 11.4 for lead.)
Melting point = 1064.43 ºC degrees
Boiling point (liquid to gaseous state) = 2807 °C
Crystal structure: FCC (cubic)

Majestic Gold Corp. (MJGCF.PK) has arranged a $10,000,000 loan to advance its Song Jiagou project in China. Nine million dollars ($9,000,000) from the proceeds from the loan will be used by the Company to in connection with its Song Jiagou project and the balance of one million dollars ($1,000,000) for general working capital purposes.









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