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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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Post by constructionsiteon 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  
Post by TELEMARKERon 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  
Comment by savyinvestor333on 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  
Comment by goldenson 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 ...more  
Comment by constructionsiteon 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  
Comment by sclardaon 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  
Comment by harvesteron 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
Comment by goldenson 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 ...more  
Comment by savyinvestor333on 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 ...more  
Post by Aurum1983on Aug 16, 2022 12:21pm

dividend

Any chance that they will cancel/suspend the dividend?
Post by goldenson 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 ...more  
Comment by Taran83on 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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