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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
Post by Ticker28on Mar 26, 2006 8:24pm
202 Views
Post# 10573014

Copper Prices

Copper PricesI don't see copper prices slumping for some time, and that goes for all precious metels. I think they were an undervalued sector for so long as compared to other markets, that they are just catching up to where they should have been. Also with China fastly expanding they are screaming for any metels and also uraniam. Should be interesting to see how this this one runs as I think were going to see some record profits in the next few quarters. Really like the fact that they can produce high grade copper and moly with very low cost per tonnage compared to conventional mining. Ticker
Bullboard Posts