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 wizwizon May 18, 2007 12:58am
292 Views
Post# 12802747

RE: What a Fall

RE: What a FallNoSleep, ::40%? Might wanna retry that math:: Yeah, you're right. It is closer to 30%, 1-$2.42/$3.43=29.4%. I guess I shouldn't do the math in my head. I see the biggest obstacle to a higher ARG price is the surplus of copper in China. If this surplus continues then the copper price may fall below $3. Although ARG has more fundamental value than other copper stocks, I'm afraid it may get caught up with the mass exodus from the copper stocks and may drop even further. If copper does drop to below $3, how low can ARG go? Or is the worse over? https://www.kitcometals.com/charts/Copper.html WizWiz
Bullboard Posts