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Bullboard - Stock Discussion Forum Amerigo Resources Ltd T.ARG

Alternate Symbol(s):  ARREF

Metals & Mining Industrial Metals & Minerals
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 > Chile copper news
View:
Post by harvester on Apr 01, 2023 10:25am

Chile copper news

https://www.mining.com/web/giant-chile-mines-are-struggling-just-as-world-needs-more-copper/
Comment by goldens on Apr 02, 2023 9:34am
Interesting article. 10 years to get more supply online is a long time and will require considerable investment. I don't understand their estimate on the copper prices with the LME being at an 18 year low I would not expect prices to go as low as $3.50 this year. I was think the range would be $3.80 - $4.90 ish. Next year we may see it cross $5 as consumption to build all these electric ...more  
Comment by harvester on Apr 02, 2023 4:22pm
Totally agree. After reading this article it convinced me to buy more. Should be $3 by year end
Amerigo Resources Ltd
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