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Bullboard - Stock Discussion Forum
Amerigo Resources Ltd
T.ARG
Alternate Symbol(s):
ARREF
Metals & Mining
Copper
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...
production of copper concentrates under a tolling agreement with DET.
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Bullboard (TSX:ARG)
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(8)
•••
constructionsite
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Post by
constructionsite
on Aug 19, 2022 9:39pm
Copper Prices
I take it as a small bright sign that overall on the week, despite volatility, the spot price of copper has remained more or less flat over the past 7 days at $3.66. Price has also rebounded from its
...more
(247)
•••
savyinvestor333
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Comment by
savyinvestor333
on Aug 19, 2022 5:42pm
RE:Took a partial position
Welcome aboard!
(543)
•••
ddogold
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Post by
ddogold
on Aug 19, 2022 4:50pm
Took a partial position
Today
(237)
•••
TELEMARKER
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Post by
TELEMARKER
on Aug 18, 2022 6:19pm
stockwatch.com
Sym-X Bid - Ask Last Chg %Ch Vol $Vol #Tr Open-Hi-Lo Year Hi-Lo Last Tr News Delay ARG
...more
(247)
•••
savyinvestor333
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Comment by
savyinvestor333
on Aug 18, 2022 3:53pm
RE:RE:RE:RE:RE:RE:dividend
TSX doesn't tell the whole story we have now traded 262,000 in Canada and only 86,000 has been on the TSX T:ARG - AMERIGO RESOURCES LTD. - https://www.amerigoresources.com
...more
(126)
•••
goldens
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Comment by
goldens
on Aug 18, 2022 1:30pm
RE:RE:RE:RE:RE:dividend
The other things to remember is that they based their year plan on copper having an average of $3.89. At the time i think copper was almost $5 and I really questioned why they would be basing their
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(8)
•••
constructionsite
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Comment by
constructionsite
on Aug 18, 2022 11:08am
RE:RE:RE:RE:dividend
In answer to OP's question: it's all about the price of copper. And since this is such a small cap, it's even more volatile than the famously volatile metal the company
...more
(1358)
•••
sclarda
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Comment by
sclarda
on Aug 17, 2022 9:48pm
RE:dividend
Aurum1983 wrote Any chance that they will cancel/suspend the dividend? ------------------------------------------------------- It all depends on where copper prices go from here. At the current
...more
(93)
•••
harvester
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Comment by
harvester
on Aug 17, 2022 2:27pm
RE:RE:RE:dividend
I'm buying more at these levels. Agreed, copper will rise with demand along with share price. Gla
(126)
•••
goldens
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Comment by
goldens
on Aug 17, 2022 7:22am
RE:RE:dividend
They aren't losing money. The only reason they recorded a loss was because they had to give back money due to falling copper prices. Once copper stabilizes they will be recording a profit. They
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(247)
•••
savyinvestor333
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Comment by
savyinvestor333
on Aug 16, 2022 3:50pm
RE:dividend
Do the math on the cash sitting right now and then see what the dividend costs them per quarter. You can then clearly see there is no dividend cut coming. A couple of quarters where then don't
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(82)
•••
Aurum1983
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Post by
Aurum1983
on Aug 16, 2022 12:21pm
dividend
Any chance that they will cancel/suspend the dividend?
(126)
•••
goldens
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Post by
goldens
on Aug 10, 2022 1:21pm
Interesting in the transcript
I read the transcript and it is interesting that they are not affected by the new tax changes being considered in Chile. They are not classified as a mine. Alsoe seems like the loss was totally due to
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(18)
•••
Taran83
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Comment by
Taran83
on Aug 05, 2022 3:18pm
RE:RE:RE:Anyone have a link to the transcript
https://... without "s". Stockhouse will always change my post. Sorry about the mess...
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