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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

Comment by goldenson Nov 12, 2023 2:42pm
103 Views
Post# 35731006

RE:Amerigo is a new long term investment for me

RE:Amerigo is a new long term investment for me This stock has always been pretty much a pure play on copper prices. I think copper is going higher and all these predictions of over-supply will be proven incorrect. Further if existing producers are not investing because of low prices then in a few years we will be at a massive deficit in copper supplies and usage ramps up. I have been a long time holder and have no plans on selling any time soon. Just my opinion and as always GLTA.
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