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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 Nov 05, 2021 9:39am
131 Views
Post# 34091253

RE:ARG

RE:ARGNice analysis. Just need to add that the price of Copper is well above the $4.23 they averaged in Q3 so cash will build at a faster rate. Also, I don't see the price staying at these bargain level because I see the dividend increasing given that the price of copper is going to hover closer to $5 than $5 in my opinion. Once the world's supply chain issues are resolved and the Green movement takes hold the world is going to need more copper. Supply and Demand makes for a good story for ARG. Just my opinion of course
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