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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 Oct 19, 2009 12:01am
414 Views
Post# 16398831

more tailings ponds are a pipe dream, but...

more tailings ponds are a pipe dream, but...they are on their way to a 60 mill lb annualized run rate.  Hopefully they'll hit a 50 run rate by end of year and 60 by late summmer. Apparently they have to increase the size of a dam or something before they can hit the 60 mark. But even 50 mill at these prices leaves us undervalued.
Bullboard Posts