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Home > (ATK, PXD, MJGCF, MO) Stocks in Review by PennyOTCStock.com

(ATK, PXD, MJGCF, MO) Stocks in Review by PennyOTCStock.com

December 3rd, 2011 at 10:00 am






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.

Gold is undoubtedly the most valuable part in the earth to date. It is also one of the mainly expensive jewelry that can be found in the form of rings, necklaces, wedding bands, earrings, bracelets and many more. Gold is also used as parts in some electronic products and some are used by fashion designers as accessories on different clothes.

Throughout the history of our planet almost every established culture has used gold to symbolize power, beauty, purity and accomplishment. Today we continue to use gold for our most significant objects: wedding rings, Olympic medals, Oscars, Grammys, money, crucifixes and ecclesiastical art. Gold is an ancient metal of wealth, commerce and beauty, but it also has a number of unique properties that make it invaluable to industry.

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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