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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 indy946on Jun 27, 2008 3:11pm
356 Views
Post# 15239063

RE: Share Buy Back

RE: Share Buy BackOf course the stock is undervalued, their stake in dnt is 1 billion pounds of copper plus whatever they have in Los Andes copper is worth way more than current price. Whatever they do not produce from the tailings  pond will still be still  there. We are going through a cyle which is driving down junior mining stocks, just like the junior oil and gas stocks several years ago, most of those have come back and more than doubled. The same  will happen with mining stocks .Campine and his stooges are spreading fear to drive prices down. Pretty sad .
Bullboard Posts