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Home > (SOMX, CYTR, MJGCF, BSDM) Featured Stocks by PennyOTCStock.com

(SOMX, CYTR, MJGCF, BSDM) Featured Stocks by PennyOTCStock.com

December 23rd, 2011 at 11:25 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 so malleable that a single ounce of it (about the size of a quarter) can be beaten into a thin continuous sheet measuring roughly 100 square feet. That means it would take 576 ounces (or just 36 pounds) of gold to completely cover a football field, or a whopping 367,211 ounces (or about 11 tons) of gold to completely blanket all of Central Park.
One ounce of gold can be stretched into a thin wire measuring only five microns, or five millionths of a meter, thick, that would reach in a straight line from midtown Manhattan across Long Island Sound to Bridgeport, Connecticut-a distance of 80 kilometers or 50 miles.
Nearly 40 percent of all gold ever mined was recovered from South African rocks.

Gold leaf may be only 0.18 microns (seven millionths of an inch) thick; a stack of 7,055 sheets would be no thicker than a dime.
The visors of astronauts' space helmets receive a coating of gold so thin (0.00005 millimeters, or 0.000002 inches) that it is partially transparent. The astronauts can see through it, but even this thin layer reduces glare and heat from sunlight.

Most gold-78 percent of the yearly gold supply-is made into jewelry. Other industries, mostly electronics, medical, and dental, require about 12 percent. The remaining 10 percent of the yearly gold supply is used in financial transactions.







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