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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 amishelvison Aug 15, 2021 10:12am
215 Views
Post# 33707206

RE:RE:Wow that might be the shortest lived dividend in history

RE:RE:Wow that might be the shortest lived dividend in historyThey havent gotten credit for a lot of things, (looking at their low pe ratio). They have burnt some investors in the past. I am thinking that those days are done and gone. There is one thing that worries me. In the latest news/cc they said some of their costs have gone up 20% y/y. Explosives, fuel, and labor,, I can understand the first two fading back down,, but the third,,labor,,,I'm not sure that cat can be put back into the bag. Imagine giving a worker a 20% raise one year and then 12 moths later saying,'',hey,,it was just transitory/temporary we are taking it back''. Strangely ,,these are the same forces that will make gold go up in price. Interesting days.
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