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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 jmychasion Mar 21, 2007 7:28pm
344 Views
Post# 12463734

ARG mentioned twice today on BNN

ARG mentioned twice today on BNN1st was from Ray Goldie - very well respected mining analyst on the street was talking about moly. Said in Canada there is Blue Pearl, Amerigo, and Teck Cominco. Nice company for ARG to be grouped with. 2nd was some technical french guy on market call tonite. Said he thought ARG was ready for the next leg up. I took a major long position in ARG this week and will be holding until at least $4. Volume has definately picked up over last couple weeks, though Im sure part of the story is buy in for the dividend which goes ex dividend on the 22nd. Saw like 80k shares trades right off the getgo this morning after like the first minute of trading. We broke above 1million traded today. I've very positive on the next 12 months for Amerigo. Good luck to all the longs ! Let's make some money.
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