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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 Tokatoon Jul 06, 2007 2:39pm
677 Views
Post# 13048387

ARG back to $3.00

ARG back to $3.00Where it should be. After super strong Q2 results and declaration of dividend, and assuming copper stays in the US$3.50/lb. range, I expect this stock to make a move towards $4.00/share. Investors need to reinvest after all of the takeovers and huge moves. Even at$4.00, ARG would be undervalued given that Colihues not valued in stock.
Bullboard Posts