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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

Post by goldenson Mar 17, 2023 4:10pm
238 Views
Post# 35345937

Insiders

InsidersNice to see the insiders dumping all their shares. I know it is a big part of their compensation but they get the dividend and then dump them dragging down the share price because we have such little volume. They need to switch to a monthly dividend so these guys get less money on the dividend when they dump. Someone dropped 200K shares at the close and it was likely free shares taking down the price again.
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