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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

Comment by CountOfMeltedCriscoon Mar 15, 2021 1:05pm
163 Views
Post# 32799441

RE:Eric Sprott...Holdings Jaguar...How it started...

RE:Eric Sprott...Holdings Jaguar...How it started...You might be forgetting about the 10-to-1 consolidation in late August of last year.   So his adjusted cost would
be $1.80 a share but still a handsome return.  And I continue to believe he'll use Jaguar to pick up other 
South American properties. 

Digger0144 wrote: January 2020...this purchase alone is now a profit of 270 Million plus..
Yes...he bought at $.18 per share..outstanding! He has added since then at higher prices...he holds about 70% of the company.  It is very obvious he can sell at any time...it will all be about the right deal, right time, right place.  I made a pass...$4.50 to $7.50.
Found out about the story much too late...too busy..missed it. I have not gone back in since that pass.

All the Best!





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