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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

Post by goldenson Dec 30, 2021 11:53am
337 Views
Post# 34271048

JP Morgan - Metals should do well but not Gold

JP Morgan - Metals should do well but not GoldJP Morgan speculating that Metals sector will do well in 2022 but Gold will head lower. Bold call at this point with all the uncertainty around the Omicron variant. Running rampant in Canada right now but it appears lockdowns are not of the order. At some point we will have to rely on the vaccines and I am sure there will be many more new vaccines released to help combat hospitalizations. Stay safe.

https://www.kitco.com/news/2021-12-30/J-P-Morgan-sees-gold-price-unable-to-withstand-the-Fed-falling-to-pre-pandemic-levels-in-2022.html
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