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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 Jan 19, 2022 1:35pm
103 Views
Post# 34333680

RE:Carrasco on BNN bullish on copper

RE:Carrasco on BNN bullish on copperI don't see how he can be wrong. The electrification of the world is going to need copper. I am surprised we aren't' t testing $6/lb never mind $5. I was surprised to see ARG's forecast using $3.90/lb for this fiscal. I see some upside revisions during the year. I am probably wrong but I just don't understand the LME inventory being so low and analyst saying there will be a surplus of copper this year?????
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