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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 Mar 27, 2009 12:56pm
586 Views
Post# 15877202

RE: Div's a goner

RE: Div's a gonerSo they pissed away tens of millions buying Candente and the other play (which insiders run - what a scam).  And then they spent millions trying to prop up the share price with the ridiculous Normal Course of Issuer Bid.  And now they have no cash and production is a fraction of where they "said" it would be...
Bullboard Posts