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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 matisse2003on Oct 14, 2008 8:13pm
302 Views
Post# 15525681

RE: Buyback

RE: BuybackThe company is not precluded from making share buybacks because of information that they have.  An individual insider has to report within 10 days of making the purchase.  A company is required to report its share purchases within 10 days of the end of the month in which the purchases have been made.  This is what ARG has done.  They may well be making purchases now but are not required to report those purchases to SEDI until the 10th of November.

Hope this helps.
Bullboard Posts