Majestic Gold Corp (MJS)

[MisterB]

Q1 Revenue forecast: $6.5M - $9M


Nice Revenue Trajectory over the last 3 quarters and this upcoming quarter:

Q2: $1.6 million

Q3: $2.6M

Q4: $5.6M

Q1 FY2012 (forecast): $6.6M - $9M

From the Feb 2012 presentation, 4152 oz of gold were produced. (4152 oz * $1600/oz = $6.6M), plus the possibility of realizing $2.4M from unsold concentrate and stockpile as per FY2011
results. Looking to double production over last year at current rates (without the imminent increase to 7400tpd).

Nice trajectory.. now, they need to increase the head-grade, production tonnage, and reduce their expenditures on items like travel and G&A. Then they are flying, but for now, great progress.

...and exposure exposure exposure...marketing marketing marketing PR PR PR.