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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 goldenson Sep 02, 2021 7:56pm
170 Views
Post# 33807702

RE:Prepare for Liftoff

RE:Prepare for LiftoffChina is playing a dangerous game releasing their reserves to bring the price down. What they released Sept. 1st was bought up by 10:00am. There is a shortage today and as we have all read the electrification economy is only going to put more pressure on the price of copper. Very little new product coming on line in the next few years. I think we will hold the $4 mark which is good for ARG.

GLTA
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