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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 Ticker28on Apr 09, 2006 2:27pm
172 Views
Post# 10649992

RE: Share price per first quartly 2006

RE: Share price per first quartly 2006No doubt production might fall short of aniticipated levels but the good news I see from this release is that production levels are up toword the latter part of the quarter. The plant expansion and integration is virtually complete as they say plus other little bonuses such as the monitoring system. Glad to see they don't expect further shutdown for plant maintanence and got them over with in the first qaurter. It's one of thoese necessary drawbacks on production in order to keep the plant running and sufficient. I think with the expansion, possibly more tailings put through, and higher copper prices we may be pleasantly surprised come Q2. Loved the nice divy they put in my account, so I'm quite content to sit tight and let them produce. Good management, expansion behind us, good fundamentals, still going to be good figures for Q1, so I'm happy with the progress. Ticker
Bullboard Posts