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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

Bullboard (TSX:ARG)

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Comment by Thestockguyon May 10, 2024 1:46pm

RE:$5 million write down

I am not sure to what you are referring.  'Write downs' are accounting entries and while the affect earnings, they do not affect cash.   Are you talking about the $5.773M (non ...more  
Comment by goldenson May 10, 2024 11:14am

RE:$5 million write down

Could have been the pumps and generators they bought in case flooding ever happened again. Next quarter will be huge and will include a positive from the settlement increase prices. It was smart to ...more  
Post by TimeTooSoaron May 09, 2024 6:00pm

$5 million write down

Anyone know why there was a write down of $5 million this quarter. If there wasn't the write down this quarter would of been huge. Now instead of growing cash last 3 months they are $1.4 million ...more  
Post by Specificon May 08, 2024 11:03am

Goldman raises price target to $12,000 a ton (5.40/lb)

https://www.mining.com/web/copper-price-touches-10000-again-as-goldman-sees-stockout-risk/
Post by Thestockguyon May 07, 2024 2:01pm

Copper price touches $10,000 again as Goldman sees ‘stockout

Copper briefly traded through $10,000 a ton as investors raised bets on Federal Reserve rate cuts, and Goldman Sachs Groups Inc. warned of intensifying supply stress.     Metals joined ...more  
Post by harvesteron May 06, 2024 9:27am

When in May

does the maintenence begin?
Comment by Thestockguyon May 01, 2024 5:18pm

RE:New Press Release - Amerigo Announces Results of AGM

Any reason that "Morgot Naudie" received marginally less shareholder support than the other directors?
Post by Specificon Apr 30, 2024 11:56am

supply has been the driving force for copper’s 16% rally

https://www.mining.com/web/bhp-mega-bid-and-10000-copper-expose-minings-biggest-problem/
Post by Specificon Apr 23, 2024 8:49pm

The Copper Supply Shortage Is Here

https://schiffgold.com/commentaries/the-copper-supply-shortage-is-here/
Post by Thestockguyon Apr 20, 2024 8:39am

Foot of Everest?

https://www.fxempire.com/forecasts/article/missed-out-on-the-gold-rally-heres-another-commodity-on-the-verge-of-a-major-boom-1424971
Comment by Specificon Apr 19, 2024 10:44am

RE:Copper: Setting Up for Success....Sprott

just hit 4.50/lb ........a special dividend is probably in the cards            
Post by Specificon Apr 18, 2024 11:08am

Copper: Setting Up for Success....Sprott

The copper spot price rose 4.34% to $3.98 per pound in March (see Figure 7), breaking through the twin barriers of $4 per pound and $9,000 per metric ton during the month. Copper miner stocks provided ...more  
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