Crux Investor Interview Here us the link to our recent interview with
$JAG -
https://youtu.be/McCdZUoZP3U A gold producer in Brazil that hasn't been affected by COVID restrictions. Production could go near to 100,000oz. Jaguar has had a difficult 4-years. Their focus during this time has been to conserve costs by spending only on drilling at the expense of exploration and development. The 2 mines are deep, 1,000m stopes and small resource means that costs will rise. Baker has been onboard for only 15-months but he has started to turn the ship around. he lives in Brazil with his family. And yes, he is a mining guy and is focused on production, but he has recognised that they need to start developing more of the large land package that they have.
An Agreement with IAMGOLD to explore is encouraging. IAMGOLD also has a 900,000oz Resource near one of the 3 Jaguar Mills. IAMGOLD does not have a mill. Jaguar does not have enough ore to feed the mill. Feels like there could be a conversation to be had. The question is who does it suit more and how much does it cost in this market.