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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 timjim0417on Feb 12, 2022 3:09pm
120 Views
Post# 34423497

RE:Change in Direction?

RE:Change in Direction?Probably not a bad idea to add some here but doubt much upward momentum yet. Have to wait and keep watching the inflation data. The fed has to raise rates to contain inflation but so far they don't seem to be willing to raise rates because it could crash the stock market. If that is in fact what happens and we continue to get big inflation, gold should go up a lot. Gold should already be up a lot but isn't because of government manipulation probably. Look at the price of oil, it has gone way up to $92 / barrel now. Gold should already be breaking $2k usd. I've been listening to Pierre Polievre and Peter Schiff and they are saying a lot of the same things about how quantitative easing is destroying the US and Canadian economies and we need to be producers of goods and less of consumers of goods.
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