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Jaguar Mining Inc T.JAG

Alternate Symbol(s):  JAGGF

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

Bullboard Posts
Comment by Agmanon Nov 17, 2011 2:07pm
307 Views
Post# 19245819

RE: Latest News Target $12 - $14

RE: Latest News Target $12 - $14Bear in mind that the recent offer is "unsolicited" - not a sure thing. Something is definitely off when SP doesn't trade @ suggested buy-out price (and cash to boot!) IMO. This is not to say that I'm not buying at these levels. Could get interesting down the road for sure. I think folks who have been in this stock (let's admit, been pretty much a dog for some time - OPEX v. high - missed projections multiple times - grade issues etc.). If I had been in a stock for 2 odd years and made dicck all (in rising Au price environment) and one day saw 50% gains flashing before my eyes, wouldn't you pull the trigger. I think we are now seeing an overswing on the downside which will no doubt be corrected and overswing on the upside. Au is getting hammered today (and yesterday) so given the current pricing environment, people probably said, "taking my "reals" and running"! I think if Au prices had held up and gone higher, JAG's SP would have run to $9.
Bullboard Posts