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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 SomeGainNoPainon Dec 22, 2021 10:34am
116 Views
Post# 34254264

RE:Best thing to do

RE:Best thing to doAll well said goldens. Chile is, in my view, the most advanced and developed society in latin America. They have achieved this status in part through access to international  capital from their thriving resource industry. (again the similarity to Canada...)
A Jos Antonio Kast win would have been way more disruptive for Amerigo, because in Kast's platform, they wanted to privatize Codelco by distributing shares to all citizens. If you compare this to the current situation, where the minister of mines is a leading director on Codelco's board, you can see how things could have changed in an unpredictable way. 
If you pay attention to Ms Davidson's comments at the last QR meeting, she was confident things would go well no matter the election's outcome. But I think the chilean people chose the best outcome for Amerigo. 

GLTA 
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