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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

Post by AngelEyes3on Oct 25, 2020 7:20pm
163 Views
Post# 31779171

Cost vs profits

Cost vs profitsCurrent costs to produce a oz of gold is 1000 US and current price of 1900 gold. that means 900 profit per oz of gold and production forcast of 90,000. That means profits of 81 million and they expect to do 10 million on exploration in the coming year and now paying a dividend of approx 5 million. So a profit picture of 75 million is very nice and worth sticking around for.
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