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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 oil~moneyon Apr 19, 2006 10:23pm
156 Views
Post# 10712098

Stock Price Cheap?

Stock Price Cheap?Picked some up today. The stock looks so cheap am I missing anything. The problems with production seem to be a mixed blessing since if they do get all the problems fixed when they sell the copper it will be at a much higher price. The 20% production shortfall is worth at least 30% more in money not too bad.
Bullboard Posts