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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 23, 2008 1:13pm
242 Views
Post# 15001412

Catalyst will be announcement of generators

Catalyst will be announcement of generatorsbeing in place. They say mid year, so who the hell knows. Probabley translates into septemeber, which means they would be in place to effect the final quarter or the year. Let's just hope copper holds up until then AND managment doens't do some boneheaded play like take a major position in another company.
Why the company wouldn't take advantage of the current stock price to buy back at least 20% of the company is beyond me.
Bullboard Posts