Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

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 jfallenangelon Mar 29, 2007 10:54am
238 Views
Post# 12511360

RE: Question????

RE: Question????Maybe, but within 14 days they have the ability to increase production by 45,000 tons per day....although El Teniente will probably phase that in at 10,000 tpd at a time. Plus you all ready have Record Profits: 0.42 cents per share P/E of 5.20 Yield of 5.24 Production going from 25 million tons to 60 million tons of copper Moly product increasing in a super hot market 26 million in cash. NAV of $4 using 1.20 long term copper. 50 year asset life Blue sky potential of 2 other tailings ponds. And if the stock does drop mgt is buying back shares for us. If it drops to 2.25 i will buy more...alot more.
Bullboard Posts