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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 28, 2021 10:43am
124 Views
Post# 34058607

RE:Nov 3rd.

RE:Nov 3rd.The dutch auction has to be hanging over our heads. I watched that presentation with Campbell and there is no way we should be languishing at this level. They have 6 other Codelco mines that could serve as future projects to increase production as well. Even with a Dividend they could easily fund another project without having to take on debt. Where is the downside here?????
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