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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 AngelEyes3on Aug 14, 2020 4:12pm
233 Views
Post# 31410512

1 new for 10 old

1 new for 10 oldLooks like we are going to get a reverse split coming soon to Jag. Also the start of a dividend. That means once completed at todays prices 8 dollars per share and .32 cents in dividends on an annual basis. According to Sprott this consolidation will not hurt share price. So your 10,000 shares will become 1000 with a nice dividend. So a 4 percent dividend while you wait for the company to do some exploration and drilling of their large land package and making money. I would hold or aquire more on weakness in price.
Bullboard Posts