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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 kootenay1on Jun 07, 2016 10:43pm
170 Views
Post# 24944593

RE:RE:tranche b is 9 million....

RE:RE:tranche b is 9 million....High volumes and higher sp;  but price of copper has dropped??  It does seem that commodities are getting a bit of a boost lately with the dropping U.S. dollar....this may be the cause.  Perhaps one of the big player is taking a long view and getting in while sp is cheap.   Another thought is I thought negotiations between Amerigo and Codelco were going to be concluding around now;  perhaps there may be an announcement coming that is favourable to Amerigo.  Time will tell. 
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