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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 Sutteron Jul 13, 2021 12:30pm
196 Views
Post# 33536091

RE:Great earnings

RE:Great earnings"Great Earnings"  I guess you mean Jaguar have managed through the worst of Covid without having to shut the mines down and are on track to be back where they were at the end of last year in the 2nd half of this year while still making two dividend payments and stepped up exploration spending and only seeing cash balance go down $3 million.    There is no doubt Covid has been tough on Jaguar's operational momentum.  The good news is Jaguar is progressing with incorporating production from Faina into Turmalina complex.  If gold holds current levels, we probably have seen the low in the stock.  Just need a market catalyst to get buying to come back into gold shares.
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