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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

Comment by savyinvestor333on Feb 20, 2021 10:03am
98 Views
Post# 32618229

RE:RE:RE:RE:RE:Conference call

RE:RE:RE:RE:RE:Conference callDoes anyone even buy mutual funds anymore?  ETF's seem to be taking over and unless it is a copper/base metal active management one we wouldn't even be in it.  On another note they did disclose a union contract signing with the supervisors union so they should have "no strikes for i think they mentiooned over 2 years" Not sure about if Codelco was worker problems what would happen. Also Chile is way ahead on vaccine rollout so Covid should be less  of an issue. Not really sure why they can't get to 80-90 million lbs of copper as they had stated when they did the expansion. Anybody know the reason? I think they mentioned fines in the material and maybe that is slowing down or hampering recoveries. 
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