Picking Up Some JAGGF (Jaguar Mining)
January 5, 2024
Starting a position in Jaguar Mining (JAGGF), as its pulled back to near it’s 30 WEEK MA, as well as a 50% retracement of the rally from the four year lows. it’s a miner in Brazil, and Eric Sprott is a big shareholder (over 44%), they have no debt and cash in the bank, producing gold since 2006. This entry allows for a very tight stop, so not much risk from today’s price. Note that this is a DAILY chart, so the closest thing to the 30 WEEK MA is the green moving average.
