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Jaguar Mining Inc T.JAG

Alternate Symbol(s):  JAGGF

Metals & Mining Gold
Jaguar Mining Inc. is a Canadian junior gold mining, development, and exploration company. It operates in Brazil with three gold mining complexes and a large land package with significant upside exploration potential from mineral claims. The Company's principal operating assets are in the Iron Quadrangle, a prolific greenstone belt in the state of Minas Gerais and include the Turmalina Gold Mine Complex and Caete Mining Complex (Pilar and Roca Grande Mines, and Caete Plant). It also owns the Paciencia Gold Mine Complex. Caete Complex is located 50 kilometers east of the city of Belo Horizonte and includes the Pilar gold mine, the Caete processing plant and the Roca Grande gold mine. Its Faina project is a new underground orebody located just west of the Company’s Turmalina mine within the MTL Complex. The Paciencia complex includes two underground gold mines, Santa Isabel and Margazao, and a processing plant located within 9,000 hectares of contiguous permitted mining tenements.


TSX:JAG - Post by User

Jaguar Mining Inc
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(4)
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Comment by ellgaron Feb 08, 2011 3:40pm
307 Views
Post# 18096359

RE: wow... gold tracking?

RE: wow... gold tracking?Unless you bought today at $5.40 were all in the red. JAG in probably the only gold stock down today..sadly .LOL!
Short covering should increase the stock price as they would buy back the shares to cover if the price went up...no need to cover as the stock $ is still falling.
   I think this is a case of lost confidence and shareholders are selling to get into any of the other well run profit making companies out there.
Bullboard Posts
Dealroom for high-potential pre-IPO opportunities