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(H, MJGCF, CNX, WWW) Stock Report from DrStockPick.com

December 22nd, 2011 at 11:46 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.

A soft, yellow, corrosion-resistant element, the most malleable and ductile metal, occurring in veins and alluvial deposits and recovered by mining or by panning or sluicing. A good thermal and electrical conductor, gold is generally alloyed to increase its strength, and it is used as an international monetary standard, in jewelry, for decoration, and as a plated coating on a wide variety of electrical and mechanical components.

The name originates from the Old English Anglo-Saxon word 'geolo' meaning yellow. The Symbol Origin is from the Latin word 'aurum' meaning gold. Argentina was named for this precious metal.

Gold is classified as a "Transition Metal" which is located in Groups 3 - 12 of the Periodic Table. An Element classified as Transition Metals is ductile, malleable, and able to conduct electricity and heat.

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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