In the $JAG's 10Q there's this.

2012 Estimated Year End Cash and Cash Equivalents

As the Company starts to implement its previously announced restructuring and turnaround plan, management is closely monitoring its cash position and cash needs. Based on the planned implementation and the expected significant resulting cost savings, the Company expects to have cash or cash equivalents of approximately $40 million at the end of 2012.
http://finance.yahoo.com/news/jaguar-mining-r...00630.html

Plus the fact that there 52 week high is $8.18 makes it that much better... lol