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(MJS.V, CLNO, TDY, CSL, TYC) Stock Watch by PennyGovernance.com

Posted, by pennygovernance on May 7th, 2011

Majestic Gold Corp. (MJS.V)

China has a long history of gold production. As early as 1091 BC, gold was legalized as money (as an alternative to silk), circulating in little squares. Hebei province, one of the main mining areas, claims production for over three thousand years. The Zhao Yuan mine in Shandong province has been worked for over a thousand years; while other Shandong mines date from the 17th century.

Gold is an essential element for our lives as it is not used only in the industry of jewelry, but also in other technological and medical fields. Its multifunctional nature is the reason why gold is considered to be more valuable than the rest of the metals.

Authored by, pennygovernance
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