JAG Mines Ltd V.JML.H

Metals & Mining Gold

J.A.G. Mines LTD. Is a Canada-based engaged in the exploration and development of mining projects. The Company's projects are located in the province of Quebec. The Company is also engaged in natural gas and petroleum exploration. The Company holds mineral rights to approximately four properties located in Quebec and covering approximately 4,080 hectares. The Company's Belleterre property covers an area of approximately 1,290 hectares. It is located in the municipality of Belleterre (Guillet Township) in Temiscamingue. Its Malartic property has approximately 20 mining claims and covers approximately 720 hectares. The property is located in the Abitibi region. The Seigneurie de Beauharnois (Ste-Clotilde) property is made of approximately 20 claims and covers approximately 920 hectares. Its St. Robert project covers an area of approximately 1,156 hectares. Its petroleum projects include Temiscouata property, Lac St-Jean property and Pohenegamook property.

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JAG Mines Ltd

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Comment by Leanna16_on Jun 05, 2008 1:40pm

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Post# 15149722

RE: Just got off phone with Ceo

Thanks for the info Coffin, sure looks like cibc wants whatever they can get buying the offers. Me thinks that Pinetree is buying through cibc. hehe
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Next step in the company he says is to deposit the 51-101 at which the company would be transferred from exploration to oil and gas. They will be announcing an IR firm sometime very close with this press release. His geologists and some majors are saying that Lac- st.Jean could have billions of barrels of oil. Suncor is going to start working around JAG which would be very bullish for the company. They are also in talks with some major firms at which they are offering to throw money at him, could be sprott or pinetree my guess.

20% insider holding position.

He believes that JML will do just as well as Gastem by the end of the year.

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