Majestic Gold Corp (MJS)

[MisterB]

Low Revenue:

Shame on me for forecasting revenues that assume that the run rate was continuous at 3000 tpd, and that the grade was on par with other quarters. $2.5M in Revenue for the Q, while comissioning the new mill for two months isn't what I was expecting. They obviously didn't stockpile ore according to the mining plan (that was/is WIP).

I'll have been invested in majestic for two years come November, and my timeline was two years. I'll wait until the end of Feb 2012 to review where they are and what to do with my investment, because I want to see 1) a takeover, 2) Q4 and 3) Q1 when the new mill should be up and running to capacity. It does seem quite coincidental that there continues to be demand for the stock without the push that raises the price... is someone in accumulation mode?