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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Post by COREDIGGERon Jul 23, 2012 10:51am

256 Views

Post# 20142138

The numbers don't Add up

Based on today's share price, Jag is priced at approx 55 million. Jag had 49.8 million in cash at the end of March. That's insane. This just doesn't add up. Jag should be a lot hire than these levels.

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