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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

Post by sebrazon Oct 17, 2020 1:18pm
195 Views
Post# 31734516

We'll be Stuck in this Range until more exploration news

We'll be Stuck in this Range until more exploration newsBased on production results, Jaguar increased Turmalina production by 3% from last quarter and Pilar production by 2%. Who cares what they were producing last year - they were on deaths door fighting to survive.
Although gold price has increased by around $200/ounce from last quarter, that was already factored into the stock price. We need more news on what they're doing with their properties or some news about increasing production past 100 000 ounces to move us. Obviously we're cheap, but can't count on a re-rating here. 
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