Post by
AngelEyes3 on Mar 19, 2021 11:49am
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.
Comment by
Anliu8 on Mar 19, 2021 12:22pm
If I'm not mistaken the cfo bought shares at I think $7.40 a few months back. I never thought the sp would see these prices again. But here we are...