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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
Post by SuperBull51on Apr 25, 2019 4:09pm
158 Views
Post# 29671419

Strongly Shorted

Strongly Shorted
I have seen signs of shorting recently. When heavy shorting happens, you want to be buying before the shorts start covering. It is difficult to time perfectly of course, and there may be some pain short term if the timing was too early. But I bought some additional shares today, as I think the shorts will cover soon. I think if they are wise they cover before the press conference. SB
Bullboard Posts