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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 28, 2022 2:33pm
134 Views
Post# 34372529

RE:Freeport McMoran CEO comments on Cu, concerns in Chile

RE:Freeport McMoran CEO comments on Cu, concerns in ChileWeren't you saying the same thing when we were at $1.30 ish. CMMC will have issues due to rising labour costs which are hitting the North American miners pretty hard and is probably why CMMC and CS are heading south. Glad Freeport is concerned and it will make the government more flexible because they need the investment dollars. For now less investment means supplies will stay constrained. Good for the existing mines. Especially those that are considered green. CMMC is probably still a good buy though and I will look for an entry closer to $3.
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