Jaguar Mining Inc T.JAG

Alternate Symbol(s): JAGGF

Metals & Mining Gold

Jaguar Mining Inc. is a Canada-based junior gold mining, development, and exploration company. The Company is operating in Brazil with three gold mining complexes, and a land package with upside exploration potential from mineral claims covering an area of approximately 65,000 hectares. The Company’s principal operating assets are located in the Iron Quadrangle, a greenstone belt in the state of Minas Gerais, and include the Turmalina Gold Mine Complex and Caete Gold Mine Complex (Pilar and Roca Grande mines, and Caete Plant). The Company also owns the Paciencia Gold Mine Complex, which is located approximately 80 kilometers southwest of Belo Horizonte. Its operations are located in the Iron Quadrangle, a prolific greenstone belt near the city of Belo Horizonte in the state of Minas Gerais, Brazil. The Company's Brazilian assets and operations are held by its subsidiary, Mineracao Serras do Oeste Ltda. (MSOL). Its projects also include the Pitangui Project and the Acurui Project.

TSX:JAG - Post by User

Jaguar Mining Inc

Bullboard Posts

Comment by briton Sep 04, 2010 2:25pm

460 Views

Post# 17415516

RE: Quick JAG evaluation - mack

Hey Mack,

I had CRK before its consolidation from FOR. Sold my entire position out post-consolidation $1.90-1.95, and have not looked back.

The float is too far high given its fundamentals. In addition, technically it has little support even at current levels and very likely could move sub $1 in the coming months. I can see another rollback and shakeout before it earns a second look.

JAG on the other hand I've watched for a year, and had on radar now for almost 2 months. Based on TA I remain on the sidelines, if only for the near term. MACD and RSI remain weak, but once consolidation appears in, upside potential is very good.

Cheers,

Brit

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