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Junior gold miner Jaguar Mining (JAG -16.7%) comments on unusual trading in its stock,...

Junior gold miner Jaguar Mining (JAG -16.7%) comments on unusual trading in its stock, saying it is unaware of any developments that would "merit such activity." The stock seems destined for OTC Bulletin Board, -87% YTD and trading at $0.80. (PR)
Comments (3)
  • Caulking
    , contributor
    Comments (8) | Send Message
     
    Crazy. Company has assets of well over 2.5 million ounces of Gold. At this price sells at about $15 an ounce of Gold. However, the Cash Cost of production is over $850 an ounce. At this price it is like buying a Call option on gold with no expriation Date. JAG is the same company that sold for 8+ times this price a year ago.
    10 Jul 2012, 12:54 PM Reply Like
  • Robcdn
    , contributor
    Comment (1) | Send Message
     
    Does it just not come down to a valuation of their board/management
    10 Jul 2012, 01:09 PM Reply Like
  • ippotr
    , contributor
    Comments (50) | Send Message
     
    Still clueless just like during their strategic review process.
    New bosses same as the old bosses. (where have I heard that before....oh yeah).When the stock hits around 35 cents then I will jump in for 1000 shares
    10 Jul 2012, 03:05 PM Reply Like
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