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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 lastpickon Oct 10, 2007 1:11pm
524 Views
Post# 13548339

A Reminder

A ReminderLet us not forget ARG plans to increase Cu/Mo production by year end to 60/1 million Lb/yr. Also, remember that ARG holds 9.6% of Candente Resources(DNT) at about $1.30/share and now trades above $1.90. About $4MM profit so far. With Cu/Mo prices and production increasing, a 5% dividend which will surely increase, what's not to like?? See DNT's June 7/07 news release for a reminder again. Good luck and a profitable future to all longs.
Bullboard Posts