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Amerigo Resources Ltd T.ARG

Alternate Symbol(s):  ARREF

Metals & Mining Industrial Metals & Minerals
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

Amerigo Resources Ltd
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Post by Resilienceon Aug 14, 2008 8:00am
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Post# 15383151

Watch: Price < 7.000/t (3.18 per pound)

Watch: Price < 7.000/t (3.18 per pound)

Means copper drops out of the LT upward trend - watch these levels.

We either rebound or break the trend. I think most likely is the trend continues, as it is strong - also we're coming out of summer shortly. A minus is the stop in China after the Olympics.

R.

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Dealroom for high-potential pre-IPO opportunities