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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

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  • AngelEyes3X
Post by AngelEyes3on Mar 19, 2021 11:49am
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Post# 32838104

Jaguar Mining way to cheap.

Jaguar Mining way to cheap. Jaguar has solid earnings and paying a dividend. They own ground that they could not explore in the past because of lack of profits to drill. Now that they are on solid footings they will start to drill and find more gold. Production costs are down and still falling which is good news. Buy this one on weekness and accumulate. I have been buying under 7 dollars. Currently the 10 yr bond yield is rising and that is the excuse for taking gold down. Inflation is running hot and eventually this will turn up in gold prices. Sprott controls the majority of the shares and they might use this to accumulate additional companies or increase the dividend as gold moves up.
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