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Bullboard - Stock Discussion Forum 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... see more

TSX:ARG - Post Discussion

Amerigo Resources Ltd > divd money
View:
Post by Lucentio on Sep 24, 2022 1:00pm

divd money

anyone buy more with their dividend money?
Comment by goldens on Sep 24, 2022 7:36pm
I bought at 10K @ $0.95 and another 10K @ $0.91. My timeframe is 5 years and I am bullish on Copper. I really don't think there will be more production coming online soon enough. Some of the bigger projects have been shelved due to costs and an unstable copper price. Just waiting for China to realize that Covid is here to stay and you can't keep locking things down. Oh and then there is ...more  
Comment by sclarda on Sep 24, 2022 10:26pm
goldens wrote I bought at 10K @ $0.95 and another 10K @ $0.91. My timeframe is 5 years and I am bullish on Copper. I really don't think there will be more production coming online soon enough. Some of the bigger projects have been shelved due to costs and an unstable copper price. Just waiting for China to realize that Covid is here to stay and you can't keep locking things down. Oh and ...more  
Comment by goldens on Sep 25, 2022 7:48pm
Just look at CMMC and their flagship property in Australia. That was supposed to be a game changer for them and be a massive mine. That is likely going nowhere fast. At the current prices I think you might see some existing producers going under given higher costs and that does not help make the case for surplus copper. Look at Argonaut gold and Equinox gold, both had the cost of their new mines ...more  
Comment by Lucentio on Sep 25, 2022 9:38pm
surely it's CMMC's  BC mine that is their problem area.
Comment by goldens on Sep 26, 2022 11:29am
No argument there. I am just saying that if copper was $5/lb there would be no question about opening that mine and they would have the cash but at these prices I don't think they will be doing it and if they dump it they need someone with deep pockets.
Comment by downwithdotcom1 on Oct 08, 2022 12:14pm
oh my, just shows once again why you're such a pomp@us D@mB-A$$..CMMC just sold EVA for up to $300 million cdn., stock had a 60 cent intraday bounce and CMMC has doubled since getting crushed all the way to a $1. I took a nice position and made 40 cents ..genius ?? HARDLY..company actually told the market back in late june that something POSSIBLY was in the works....easy buy signal, not all ...more  
Comment by goldens on Oct 09, 2022 7:36am
Love people that say they did things after the fact. You didn't buy anything and are probably still holding the $5 shares. I also told you they would likely have to sell their flagship property and I guess I am right again. A lot has to happen to get that additional $60 million US ($93 AUS) and Harmony still has to build a mine and get it operational. Lots of speculation still with CMMC and ...more  
Comment by focsle on Sep 25, 2022 3:00pm
Bingo.
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