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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 greeneggson Apr 13, 2008 7:41pm
242 Views
Post# 14966641

You buy this for Q3 reults, as they should

You buy this for Q3 reults, as they shouldand I mean should have the generators installed by the end of Q2.
Then of course you hope management doesn't do anything overly stupid between now and late october, when such reults will be rleased.
Q1 reults will be benifit from reversal of last quarters provisional coper pricing recognisation policy, but on the downside production levels will be pure crap for reasons alluded to in last conf call. And the power situation doesn't look like it's going to get any batter for q2, as the power shortages should reach their peak then..
Bullboard Posts