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XMFSinchiruna (26.50)

Jaguar's Pounce and the Remaining Bargains in Gold



November 17, 2011 – Comments (0) | RELATED TICKERS: JAGGD , CLGRF , PZG

Wednesday's reported $1 billion offer for Jaguar Mining by China's Shandong Group is far more than just a lucky reprieve for underwater investors in the stock ... it's a precedent-setting development that requires investors to take mineral resource inventories seriously as a major component of any effort to assign realistic valuations to mining and exploration stocks.

It's also fascinating from a geopolitical standpoint, but I didn't even have room to get into that with all the implications I needed to discuss with respect to industry valuations.

Kudos to BillyTG, who hit the nail on the head yesterday when he said: "The JAG offer makes you wonder just how undervalued mines are right now... "

I'm curious to know your thoughts on my article above! Thanks as always for your readership!

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