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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 COREDIGGERon Oct 03, 2012 10:05am
293 Views
Post# 20441914

Tough Market on Jag - News - Listing Compliance NY

Tough Market on Jag - News - Listing Compliance NY

Minor news such as continued listing on New York does not seem to move this one. I do like the quote from the new CEO "We are pleased to regain compliance with the continued listing standard," said David Petroff, Jaguar's President and Chief Executive Officer. "We continue to focus on a disciplined execution of our operational improvement and cost reduction programs which we announced in May 2012. We remain confident that these programs will significantly improve the cash flow of our mining operations going forward and anticipate a positive market response to demonstrated success."

Vote of confidence from the new CEO is a good sign. Does this mean Q3 results will look better??? ;-)

https://www.stockhouse.com/companies/stories/t.jag/8630310

Bullboard Posts