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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 Apr 09, 2024 4:46pm
69 Views
Post# 35979931

RE:RE:RE:"Outside influences" can result in a boom to bust....

RE:RE:RE:"Outside influences" can result in a boom to bust....Both are base metals. That is where the similarity ends. Too much nickel being mined whereas not enough copper to go around even with the demands of today Nevermind future demand. Copper prices need to rise in order to get investment so that the future demand can be met. Just look at Uranium and what happened over the past year. You have producers resurrecting mines they have shut down just to try to meet those demands. Just my opinion

PS. Didn't need to bold this as people can probably still see the text. Both at base metals. You kill me.
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