Jaguar Mining Inc

10 days ago 38:24

Key Highlights

Durrett says Jaguar is expanding production, that of three mills one is unused and two run at about 50% capacity, and that he likes the management team.

Gold at $4,100 anchors his buy-the-dip plan: add again below $4,000, and again below $3,700. His Beaver Creek list holds 37 stocks, all rated as tenbaggers (ten-times-plus targets), with seven winners out of ten as the goal. He grades risk-reward by letter and number; near-term producers screen best, while late-stage projects carry more risk. Discovery Silver and Osisko Gold Group lead his Canadian gold picks, and Silver X's 250 million ounce resource lifted the grade. Low insider ownership makes Andean Silver, Talisker and Avino the likeliest takeover targets on his list.

Summit Royalties – Comprehensive Update On 4 Producing and 3 Key Development Assets

21 days ago 18:21

Key Highlights

Clark expects first ounces from Jaguar's Patangi project in the second half of 2027, with the ramp-up progressing through 2027 and hitting its stride in 2028.
The project is waiting on its final installation license; Jaguar hopes for approval by the end of 2026, but Clark treats early 2027 as the comfortable planning assumption.
Clark describes the site as ready to start, with the team, equipment and camp in place and an ore body that comes right to surface.
He credits Jaguar as a capable operator with 20 years in the region and an operating mill roughly 30 km away by road.

Drew Clark argues Summit Royalties trades at 0.75x net asset value (NAV) against 1.2-1.6x for royalty peers, leaving room to re-rate. Four producing royalties are compounding as operators expand — Madsen, Bomboré, Zancudo and Keysbrook grow Summit's cash flow at no extra cost. Copperstone and Pitangu should reach production in 2027, with the guest's math valuing the 4% Copperstone gold stream at about US$6 million yearly. Banyan Gold's year-end AurMac PEA (preliminary economic assessment — an early-stage mine study) could re-rate Summit's unvalued royalty on the project. A US$50 million National Bank credit facility funds accretive royalty acquisitions without heavy dilution, and management owns 12% of the company.

This Gold Mine Finally Started WorkingThumbnail: | West Red Lake Q2 2026 Earnings

The Deep Dive

about 1 month ago 15:16

Key Highlights

Made $1,551/oz of margin in Q2 in the host's peer comparison.
Listed as a net-cash peer with $67M of cash and no borrowings.

West Red Lake's Madsen mine delivered its best restart quarter: production up 51%, AISC (All-In Sustaining Cost) down 30%, first positive free cash flow. A 10,768-ton surface stockpile holding 1,500 ounces signals mining rates have finally outpaced the mill at this Ontario operation. H1 output of 14,000 ounces is only 36% of midpoint guidance, so Q3 and Q4 must average 10,400+ ounces to hit the low end. WRLG still carries a 68% EV/EBITDA premium to peers and is the only one of five gold comparables in net debt. A pending pre-feasibility study combining Madsen and Rowan's high-grade 335,000-ounce resource is due mid-to-late September.

Eric Sprott on Gold, Silver, & His Biggest Investing Wins and Losses

Jimmy Connor

about 2 months ago 40:15

Key Highlights

Sprott uses Jaguar Mining as a working example of why high-grade ore bodies matter, with its existing mine running at about 3.4 grams per tonne.
He points to an adjacent target he believes could host at least 50% more gold at similar cost, framing it as roughly 15,000 ounces of 'free' incremental output at $2,600 gold.
He values that incremental 15,000 ounces at about $40 million, calling it quantum value relative to Jaguar's recent ~C$120 million market capitalization.

Sprott frames gold and silver as the ultimate bear-market refuge — central banks flipped from sellers to buyers, and weak currencies reinforce the case. He argues the biggest mispricings sit in under-followed small caps — being a numbers guy nobody else is looking at is his edge. Kirkland Lake proved high-grade ore plus patience equals a $1B win; Pure Gold's bankruptcy showed even strong theses cannot overcome bad geology. He keeps pressing high-conviction positions through multi-year drawdowns and rarely sells — patient capital compounds in resources. Sprott calls the AI bubble the largest yet, with 40x sales echoing 2000 — and gold's bull run, he argues, has just begun.

Goldgroup Mining ($GORO): Building a Multi-Asset Gold and Silver Producer

Investor TV

about 2 months ago

Key Highlights

Mid-tier producer Don has championed, with three mills where one is on care and maintenance and two are running at half capacity, framing growth as fully organic.
Don likes the team's free cash flow multiple.

Goldgroup's $15M acquisition of Gold Resource Corp added the Don David silver-gold mine, transforming a single-asset producer into a multi-asset Mexican platform. A 26,000-meter drill program at San Francisco targets resource expansion; restart capital is roughly $25M with a target output of about 50,000 ounces a year. Goldgroup is advancing the Back 40 copper-gold project in Michigan but cites an 18-month permitting risk in a Democratic-leaning state. Eric Sprott, Cala, and other insiders control roughly 70% of the float, sharply limiting the risk of a lowball takeover. Forced Russell 2000 selling after a 15-day inclusion window wiped out half the market cap — a mechanical dip that disciplined investors exploited.

Gold & Silver Miners, Macro Risks, and Investing Strategy | Don Durrett and John Feneck

Investor TV

Key Highlights

Don highlights Jaguar as an undervalued producer with significant organic growth: three mills on site, one currently on care and maintenance and two running at half capacity.
The growth plan is described as simply filling existing mill capacity, with strong recent exploration success supporting the thesis.
Don likes the team and CEO and treats Jaguar as one of his top-five picks on his $50 buy-the-dip list.

Don Durrett calls junior gold and silver miners a once-in-a-generation asymmetric trade — entry prices vanish once gold crosses $5,500–$6,000. He values juniors on a 36-month forward gold/silver price ($7,000 and $200 today) instead of spot, capturing leverage before the metal moves. Build a portfolio pyramid — ETFs and majors form the foundation, junior miners sit on top with capped position sizes near 1% of capital. When the original thesis survives a 40% drawdown, add to the position — averaging down improves blended cost basis and removes emotion. The macro case rests on Fed intervention history from Greenspan through today and ongoing de-dollarization — both push investors into gold.

Summit Royalties – US$50 Million Revolving Credit Facility Sets Up Future Transactions and Growth

Key Highlights

Patangi is a development-stage gold asset in Brazil owned by Jaguar Mining, with development scheduled to start in late 2026 and production targeted for 2027

Summit Royalties (TSXV: SUM) secured a US$50M revolving credit facility from National Bank of Canada to fund future royalty and stream acquisitions without diluting shareholders. Management plans to target cash-flowing or near-production royalties that fall below larger peers' minimum deal sizes, banking on multiple small accretive deals compounding NAV. Two development-stage assets — Copperstone (a 4% gold stream in Arizona) and Patangi in Brazil — are projected to drive revenue and GEO growth into 2027. Trading around 0.6x NAV means the credit line's all-in cost sits well below the company's implied cost of equity, making funded deals inherently accretive. Four producing royalties — Madsen (West Red Lake), Bombore (Orazone), Zancudo (Daenerys Metals) and Keysbrook (Iwatani) — still carry embedded growth as operators ramp up throughput.

Live Q&A with Rick Rule and Albert Lu

Rule Investment Media

Key Highlights

Rick rates Jaguar Mining a six as of July 2026, saying its primary attraction is high leverage to the gold price.
He cautions that leverage comes with high all-in sustaining costs and a relatively poor relationship between upfront capital and net present value.
He notes Eric Sprott is a large Jaguar shareholder, describing Sprott as a leveraged precious metals investor who hunts for price or operational leverage, often in more marginal operations.
He adds that Sprott would likely benefit even more than he would from Rick's dollar-decline outlook, because Sprott is more courageous.

Rule argues US debt and unfunded liabilities point to a decade of dollar erosion, making gold and quality gold stocks asynchronous bets. Gold stocks gushing cash yet trading at historically discounted multiples offer, in his view, 300-500% upside against 30-50% drawdowns. Speculators should cap position counts at their monthly study hours, size bets to what they can lose, and demand decision-tree discipline from managers. Live Q&A favors Cameco, NexGen, and Paladin for uranium exposure, plus term-contract financing as the uranium market migrates from spot to term. His unanswered-questions framework probes explorers on their pivotal unknowns, defeat criteria, and the capital and time required to reach an answer.

Mineros ($MSA | $MNSAF) CEO on Growth Story, Investments & 2030 Gold Production Goals

Investor TV

Key Highlights

Don Durrett calls Jaguar really undervalued among mid-tier producers.
He likes it for insider alignment — the only peer besides Mineros he can name with roughly 50% insider ownership, pointing to Eric Sprott's stake.

Mineros S.A. trades at 0.47 times net asset value (what its mines and cash are worth) despite a tenfold share-price re-rating under Sun Valley control. Sun Valley Investments deployed about $200 million to take control, then doubled silver recovery and lifted gold output 22% through operational fixes. Guidance rose to 240,000 ounces with costs tracking below plan, and the CEO targets 500,000 ounces by 2030 via the Porvenir project and acquisitions. An upsized $175 million buyback and $30 million dividend program return cash, while a strategic gold reserve keeps bullion in company vaults. Analyst Don Durrett argues quality mid-tier gold producers are the sweet spot, and Mineros still offers tenfold upside on his $7,000 gold assumption.

50 buy-the-dip stocks (July 17, 2026)

Key Highlights

Jaguar Mining is a producer with growth he says he likes a lot as a company and as a project.
It has three mills, one of which is unused and two running at about 50% capacity, so the work is simply filling them up.
He frames it as another undervalued producer with growth potential and says it is being ignored.

He reviews 50 gold and silver mining stocks he owns, sizing the upside against $7,000 gold and $200 silver. Most of the list screens as an eight-bagger or better, and he favors undervalued producers growing output. Development names need patience: permits plus roughly two-year builds push many payoffs to 2028 and beyond. He cautions that gold and silver mining stocks are speculative, so keep allocations small and only risk what you can lose.

Summit Royalties – Acquisition Of Star Royalties Is Complete, Bringing In A Significant Gold Stream

Key Highlights

Drew Clark says Jaguar Mining operates the Pitangui development asset, about 30 kilometers away by road, where Summit holds an $80-per-ounce royalty that steps down to 1.5% thereafter.
He expects construction at Pitangui to start in 2026, possibly as soon as the quarter of the interview, with production ramping up in 2027 alongside Copperstone as one of Summit's two main revenue-growth drivers.

Summit Royalties closed its acquisition of Star Royalties, adding a 4% gold stream on the Copperstone project in Arizona to a 48-asset portfolio. A stream is an upfront payment plus an ongoing one (here 25% of spot for 4% of gold), giving Summit growth it did not fund. Mining Americas' new PFS (Pre-Feasibility Study — the detailed economics test before a build decision) supports construction, with first gold targeted by mid-2027. A royalty on Jaguar Mining's Pitangui project should start construction this year and ramp up in 2027, pairing with Copperstone for revenue growth. The guest argues Summit trades near 0.65 of net asset value, and closing that discount through research coverage would lower its cost of capital.

Gold/Silver Miner Buy The Dip List (June 2026)

4 months ago

Key Highlights

Durrett notes producers are scarce on his list and that Jaguar is one of them, based in Brazil.
He says the risk-reward makes sense in a producer with what he frames as 17-bagger potential.
He says the company has three mills, one of which is not running while the other two run at about half capacity.
He expects all three mills to be filled over the next five years and says he likes the CEO.

Gold and silver broke below their 200-day moving averages, and the host calls the 25% to 47% drop a buyable correction in a bull market. His trigger is the gold-to-S&P 500 ratio — gold's price divided by the index — near 0.6 today; 0.8–0.9 signals gold outperforming stocks. The watchlist spans producers, developers and explorers, with price assumptions of $7,000 gold and roughly $175 to $190 silver. Producers adding ounces rank above one-off development stories, since incremental production flows straight to free cash flow and lifts valuations quickly. He expects another, deeper dip before year-end tied to an S&P selloff, so he is assembling names to buy at lower prices.

Newsletter Favorites Sorted by Quality (April 2026)

6 months ago

Key Highlights

Don Durrett says Jaguar Mining needs to expand production and that he is confident they will.
He has it rated very high at 4-3-5 B.

Durrett ranks the 89 gold and silver stocks he owns on upside, downside risk, and company quality — a system investors can copy. His 'three-five' score marks a likely five-bagger — a stock he expects could multiply roughly five times from current levels. Only four holdings earn an A, reserved for low costs, clean balance sheets, and consistent execution — Australian mid-tier producers dominate the top. Country risk caps otherwise strong names: West African, Mexican, and Colombian exposure keeps ratings below top marks. He flags likely takeover targets among focused developers and producers still generating free cash flow.

URANIUM Supply Deficit 'Getting Worse' - Price Going 'Much Higher' Ahead

Commodity Culture

6 months ago

Uranium supply deficit is worsening as legacy mines struggle with production, while utilities scramble to secure pounds for future energy needs. AI data center energy demands are accelerating uranium consumption, creating demand levels the current market simply cannot meet. Jaguar Uranium offers exposure through a portfolio of uranium and rare earth projects in pro-mining jurisdictions of Argentina and Colombia.

Newsletter Favorites Upside (using New GSD Defaults)

7 months ago

Key Highlights

The host says Jaguar needs to expand production and that he really likes the story a lot.

Raising default price assumptions to $7,000 gold and $200 silver reflects conviction that current metal prices undershoot the macro setup. Screening 90 favorite miners at those prices prints 20-plus-bagger upside for many, but most need three-to-four-year mine builds first. Near-term producers like Guanajuato Silver need no new growth, so they offer immediate leverage if silver reaches $200. A gold-silver ratio squeeze toward 2.5-3% underpins the $175-200 silver target alongside $7,000 gold within 24-36 months. Timeline to getting paid is the key filter: the longer a mine build, the longer investors must wait for the printed upside.

Newsletter Favorites Overview (Feb 2026)

8 months ago

Key Highlights

Don is absolutely excited about Jaguar Mining, calling it one of the better plays at $500 million.
He expects production to grow first to 90-100 thousand ounces, then 120, possibly 150, making it a possible 10-bagger, and he likes the management team.

Durrett argues there is limited time left to buy gold and silver producers while they are still cheap, expecting one more significant dip. His Newsletter Favorites list leans on quality Canadian and Australian mid-tier producers, which he expects to re-rate as the bull market warms up. Companies whose second and third projects get no market value offer free upside — you pay for the first asset and get the rest for nothing. Cheap forward free-cash-flow multiples persist in West Africa and among silver producers, where weak sentiment discounts heavy leverage to metal prices. Australian producers like Ramelius reaching major-sized valuations is, in his view, the first sign the junior gold bull market is broadening.

Cerrado Gold – Q4 2025 Operations At Minera Don Nicolas, Lagoa Salgada EIA, & Mont Sorcier B.F.S.

9 months ago

Key Highlights