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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 Tokatoon Jun 04, 2007 10:30pm
258 Views
Post# 12890586

RE: Copper Back on the Move

RE: Copper Back on the MoveThe issuer buy-back was for 3 mm shares. The company bought back like 600,000 or so. My hunh is that company has been picking-up a few shares here, but we may not know until they report Q2. In the end, with production strong and copper and moly prices also very strong this is one you shouldn't lose sleep over. In the end, strong earnings, cash flow and dividends will be reflected in share price.
Bullboard Posts