Amerigo Resources Ltd T.ARG

Amerigo is a No-Brainer

[NoiseCutter]

If you are a copper bull and want exposure to a pure-play copper company that pays you a significant quarterly dividend, then Amerigo should be on your watch list. The Amerigo story is simple; the company generates heaps of cash. The company then returns that cash to it's shareholders through dividends and share buybacks. If copper prices remain elevated I would also expect dividends to grow.

IKN recommended shares in ARG this past weekend as well, one of the better endorsements in the mining community. 

Have a great day.

[NoiseCutter]

Looks like Amerigo is now posting NCIB progress reports. Pretty cool disclosure here.... https://www.amerigoresources.com/investors/share-buybacks/

[downwithdotcom1]

..also has a list showing the impact of MOLY as a byproduct credit to costs going from $10 to $20..MOLY spot price currently $21 USD..dwdc

[goldens]

That is about 13% of the daily volume on average. Will we hit a new 52wk high Tomorrow? Me thinks so.