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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 Valentine_MSon Mar 29, 2010 10:50am
297 Views
Post# 16934731

RE: RE: ARG Never will go over $0.70?

RE: RE: ARG Never will go over $0.70?Well the supply side theory does not seem to be supported by the chart, the volumes were low in the period when it broke through the 0.70 and in that whole period there were constant high volumes at he bid as well as at the offer .... volume now picking up strongly as the price goes up.
Nope - the good word is leaking out.  I wish it would slow down though, it is worth a lot more than even 0.95 but this is so fast it will attract shorts ((anonymous is already net -320,000 shares and so is Canaccord .....)
Bullboard Posts