Amerigo Resources Ltd T.ARG

Any prospect of a takeover with high copper price???

[Jovica]

Amerigo Resources Ltd. is an innovative copper producer with a long-term relationship with Corporacion Nacional del Cobre de Chile ("Codelco"), the world's largest copper producer. Amerigo produces copper concentrate at the MVC operation in Chile by processing fresh and historic tailings from Codelco's El Teniente mine, the world's largest underground copper mine.

[downwithdotcom1]

no...my personal opinion...company needs another copper site operation/plant for diversification..else any gold tailings that could be reprocessed???dwdc

[Lucentio]

likewise no to takeover suggestion.  The restart of the dividend is what is needed to get the stock price moving.   Listen to the call or read the transcript.  By end of next March they might term remaining debt for say 5 years which would free up a huge amount of cash flow to enable a substantial dividend. Do I hear  12c a year that's about   $21 million a