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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 Lucentioon Jul 22, 2013 1:53pm
123 Views
Post# 21622278

RE:appears to be a buy-out clause in this new deal

RE:appears to be a buy-out clause in this new dealCodelco insists on this paragraph about allowing them to buy operations, it is really like a first refusal after they had difficulties with an Anglo american deal back in the past. I suspect project financing will be done in Chile.
Bullboard Posts