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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 krammy43on Apr 29, 2016 4:33pm
192 Views
Post# 24827264

The wall at .38

The wall at .38The lastest week up in the Gold price has been missed by JAG courtesy of the the 3.5+ million share wall erected at .38 by the 8 or so traders.  -Wanting for some reason to dissuade buyers in this relatively thinly traded company? - probably.  For what reason?  Who knows?  Anyway some of the underperforming gold producers have just begun to start upward runs like Primero mining which happens to have  major issues.   JAG has no such issues by comparison,  Theirs were mainly looked after during its bankruptcy and subsequent reorganization.   I think no wall will hold down JAG when earnings are released on or before May 12.  The earnings were pretty good for the q4 of last year they should be even better for Q 1 of this year.
Bullboard Posts