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.

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Jaguar Mining Inc

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Comment by Truewidthon Jan 28, 2013 4:10am

308 Views

Post# 20897633

RE: Running out of time

Caeté has been running fairly stable during a quite a long time, with minor upps and downs in production, I think it's ok.
Regarding Turmalina, I believe Fred Herman addressed this in the Q3 CC. They're changing the ground support so it's more reliable, but it's taking time to implement. It should pay off in the long term.
With that being said, it would be nice to see rising production from Turmalina in Q1 (or Q2) this year. They probably need to produce north of 25k to be cash flow positive. If/when that happens, it should be reflected in the share price.

imho
/tw

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