IKN

More matter with less art

Shandong finally, FINALLY about to put a bid in for Jaguar Mining (JAG) (JAG.to)

But nowhere near the $10/share that Titcomb wanted to trigger his bonus payments. Now there’s a wild surprise….
Anyway, JAG already up 18% on semi-confirmed jungledrums (3 IKN sources so far, enough to throw out this post at least). To be honest, it’s just further proof that the Chinese act more like gringos every day. They’ll buy anything.
dyodd

UPDATE: I don’t know how much you care about this, but a separate source just mentioned to this desk that Shandong is not involved with any bid for JAG. The source in question has given over an anecdotal but has been and still seems to be closely plugged into the affair. Probably worth disclosing at this time that your humble scribe has no position in JAG either, and that’s not going to change. A simple interested observer here.

UPDATE 2: Weds morning. Oh looky, another mail arrives from a separate quarter saying Shandong isn’t bidding for JAG. Y’know what, seems to me there’s a whole mountain of information/disinformation doing circuits about this. Best advice is from this point onwards, take everything with a pinch of salt.

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