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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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Comment by lea029on Mar 24, 2012 8:47pm
293 Views
Post# 19714253

RE: Poison Pill

RE: Poison Pill

Pure speculation on my part, but the "why now" could be explained...

On March 09, 2012, Shandong Gold applied for a comprehensive line of credit of RMB 5.5 billion, according to a news release on Reuters, that's approximately USD 872 million (please correct me if i'm wrong).

Shandong has been on a shopping spree lately to increase their gold resources, why not consider beaten down JAG?

https://uk.reuters.com/business/quotes/600547.SS/key-developments/article/2497590

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Dealroom for high-potential pre-IPO opportunities