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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 goldenson Apr 19, 2012 7:30am
256 Views
Post# 19811214

RE: RE: Great results

RE: RE: Great results

Actually copper is off its highs but it is up since September '11. LME stockpiles are down and continue to trend lower. Copper should move over $4 in the next couple of months . 8 months away from stable elec. prices so most likely 6 months from big moves in sp just based on power savings let alone copper prices. Can't see much downside here but of course what do I know.

PS. I would also like to know where you got your information about the reservoirs? Magic 8 ball....

Bullboard Posts