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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
Post by random88on Dec 07, 2011 2:19pm
548 Views
Post# 19300148

five possibilities

five possibilities
1. If the CEO want to sell the company, the board does not want to sell. The board should start serach for a CEO now. So this is not possible. The board want to sell.

2. If the board want to sell, but the CEO does not. CEO quit, this is possible.

3. If there is some accounting or other problems, it is possible.

Question: When did the CEO know the offer? when did the CEO inform the board? When did the CEO know all the previous production problems? when did he inform the board? The CEO has made a mockery of the board. The board decide to save themself from further missery, they decide to put the company on an auction block.

4. The CEO may want to take JAG private.

5. We may get a big production snag soon.

I believe that we may see either giant offer from some one, or a real giant production problem, such as cracked foundation under the primary grinding mill.
Bullboard Posts