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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 May 21, 2014 5:01pm
119 Views
Post# 22584468

RE:Management should consider a Stock Split

RE:Management should consider a Stock SplitYou are saying a reverse split which really does not make sense unless they pull the price into the$5 range and that would mean 1:10 approximately and take the float to around 17 million shares. How does that make it more liquid? The issue is that we need the expansion to commence and then we will see the sp rise. A move the copper prices will also move our price. Right now sellers don't want to give up their shares at these levels and buyers are waiting for the news to come out.

Bullboard Posts