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Silver North Intersects 1.83 metres True Width of 1,088 g/t Silver, 3.90 g/t Gold (click to learn more)
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Amerigo Resources Ltd T.ARG

Alternate Symbol(s):  ARREF

Metals & Mining Industrial Metals & Minerals
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

Amerigo Resources Ltd > Another Tailwind for earnings
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Post by savyinvestor333on Feb 24, 2021 1:48pm
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Post# 32648513

Another Tailwind for earnings

Another Tailwind for earningsNot only is the price of copper skyrocketing @ currently $4.31 U.S.  tthe Chilean peso is dropping. It is currently trading at 701 to the U.S. dollar.  They mentioned using 715 exchange and $3.50 copper price for the EDITDA estimates.  Best of both worlds First quarter will be a blowout.

1 USD = 701.768 CLP

Feb 24, 2021, 18:41 UTC

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