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Gold Soaring, means so too will Unhedged Gold Producers like Brazilian gold stock JAGUAR (JAG)

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November 23, 2009 – Comments (1) | RELATED TICKERS: JAGGF

The Company has no gold hedges in place thereby providing the leverage to gold prices directly to its investors. Additional information is available on the Company's website at www.jaguarmining.com.

Jaguar is one of the fastest growing gold producers in Brazil with operations in a prolific greenstone belt in the state of Minas Gerais.

Jaguar Mining Inc. (Jaguar) is engaged in gold production and in the acquisition, exploration, development and operation of gold producing properties in the Iron Quadrangle region of Brazil, a greenstone belt located near the city of Belo Horizonte in the state of Minas Gerais. Through a joint venture with Xstrata plc (Xstrata), the Company is also engaged in gold exploration at a greenfield site in the northeast of Brazil covering 159,000 acres. The Company is producing gold at its Turmalina, Paciencia and Sabara operations. During the year ended December 31, 2008, the Company produced a total of 115,348 ounces of gold at Turmalina, Paciencia and Sabara. 

1 Comments – Post Your Own

#1) On December 19, 2009 at 2:37 AM, jc2811 (< 20) wrote:

VHGI potential stock dividend. Company may sell off healthcare assets to WNDM to concentrate on Gold Business; numbers work out as follows:WNDM closed at $2.17 per share on 12/1/09 and VHGI closed at $0.185 per share on 12/1/09.Under the current capitalization structure it would equate to roughly 8 shares of WNDM for every 100 shares of VHGI owned by our shareholders. If completed, VHGI intends to distribute the WNDM stock to its shareholders as a dividend in 2010, subject to completion and effectiveness of a re-sale registration statement. http://finance.yahoo.com/news/OTCBBWNDM-Announces-LOI-to-prnews-2117030867.html?x=0&.v=1

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