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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 production of copper concentrates under a tolling agreement with DET.


TSX:ARG - Post by User

Bullboard Posts
Comment by chrissy98on Mar 16, 2006 8:34pm
139 Views
Post# 10519277

RE: Insider purchase of shares when stock down

RE: Insider purchase of shares when stock downMost institutions will not buy under five dollars. The people acumulating will want to own most and than sell to them. Of course assuming that they are fully utilizing the Calihues deposit and copper prices stay at a good profitable level. The price should be in the four to five dollar range now but there are still too many small investors holding. JMO
Bullboard Posts