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

Bullboard Posts

Post by COREDIGGERon Apr 11, 2012 3:34pm

275 Views

Post# 19782110

Problem

Even if negotiations are going on, with a current price of $3.50+/-, anyone that was interested will be rethinking what they're willing to offer. I think $9.00 is out of question. I've never seen anyone offer 2.5X the current trading price for a takeover. Things don't look good.

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