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Jaguar Mining Inc T.JAG

Alternate Symbol(s):  JAGGF

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

Bullboard Posts
Post by lea029on Mar 22, 2012 11:08pm
225 Views
Post# 19708242

Hold for now

Hold for now

The TSX just deferred consideration of the shareholder rights plan.

To be honest, JAG's reported earnings are bad, gold prices are dropping, and analysts are not positive on this stock (seen a couple of warning articles already). But I think the bad news is already priced in.

Will hold for now.. magic happens... now that's hocus pocus crazy!

Bullboard Posts