Mon, Sep 22, 2014, 6:43 PM EDT - U.S. Markets closed


% | $
Quotes you view appear here for quick access.

Jaguar Mining Inc. Message Board

  • twohander44 twohander44 Jan 2, 2013 2:46 PM Flag

    Sure hope we can get back to $1

    Then I will be even again.

    SortNewest  |  Oldest  |  Most Replied Expand all replies
    • It can easily get back to a dollar and possibly flirt with $1.50. I sorta saw this coming. There were many days where this traded between .73-.77 establishing a floor of support. My target was .60 which I got after a fund dropped their position. On the news of financing, this should push back to $1-1.25 the threat of earnings and possible good news will continue the upwards pressure. After about $1 range many shorts will start to cover, as the momentum has changed. I'm up about 20%. I may sell 25-50% of my position and hang on for the ride.
      Considering previous offers for this company and potential output, I could see JAG hitting the $2 mark if management executes and the company can make it until the end of the year. Once they open up their mine in standby I would expect $3-4, if management can execute and keep production costs down.
      So there's a little hope. Tiny, minuscule amount but there's potential for price appreciation. People spouting targets of $9+ are just dreaming. A take out bid was made for that amount based on the assumption of 400k oz production potential. 2013 they're expecting 100-115k oz, assuming one mine is still in standby-maintaince. If it were open it could contribute an additional 50k oz. Then the fun could begin.

      Sentiment: Hold

    • Me 2 but we will need to see this $2,000 gold to see a substantial risk reduction for JAG over the next 2-4 years. Anyway, I am not giving up on my position, either JAG makes it or doesnt, I wont consider selling unless it goes over $1.50

0.5468+0.0045(+0.83%)Sep 22 1:05 PMEDT

Trending Tickers

Trending Tickers features significant U.S. stocks showing the most dramatic increase in user interest in Yahoo Finance in the previous hour over historic norms. The list is limited to those equities which trade at least 100,000 shares on an average day and have a market cap of more than $300 million.