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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 Oct 20, 2021 8:47am
152 Views
Post# 34026116

RE:RE:RE:Loving it

RE:RE:RE:Loving it Depends on the Dutch auction which will likely get cancelled. If they do a NCIB then the divi should be 3-4 cents per quarter especially if the new bottom for copper is $4.50. If they don't do a share buyback then the dividend will be higher. They didn't execute very well on their last project so not so sure that will happen but something outside of Chile would be welcomed.
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