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Amerigo Resources Ltd T.ARG

Alternate Symbol(s):  ARREF

Amerigo Resources Ltd. is a Canada-based copper producer. The Company owns a 100% interest in Minera Valle Central S.A. (MVC), a producer of copper concentrates. MVC, located in Chile, has a long-term contract with the El Teniente Division (DET) of Corporacion Nacional del Cobre de Chile (Codelco) to process fresh and historic tailings from El Teniente. The Company operates in one segment, the production of copper concentrates under a tolling agreement with DET.


TSX:ARG - Post by User

Bullboard Posts
Comment by CalifDreamingon Oct 31, 2007 12:00pm
429 Views
Post# 13725072

RE: Hmmm...The Good, the Bad and the Ugly

RE: Hmmm...The Good, the Bad and the UglyLots of ugly and no guidance. $2.49 cash costs! These jokers were "supposed" to be at 60MM lbs by year end. I called IR a few months ago and asked if that guidance was still valid and they said yes. What an utter joke. Spending $9MM to add generation capacity. Hard to imagine diesel gen sets will be much cheaper than grid power. ARG is way ahead of itself at current prices. They need to assure the market they are going to get to the oft promised 60MM lb production or there's gonna be hell to pay.
Bullboard Posts

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