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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 Apr 08, 2022 4:23pm
105 Views
Post# 34589223

RE:RE:RE:Target price

RE:RE:RE:Target price25% is very good! I don't have that info for 10 years, sorry, I have been computing that only since last year. It is a bit tedious to compute, putting together the data from 5 accounts. And I would not like to bragg, but I did very well last year : I beat the S&P by a handfull of percentage points (I achieved 52%). This year to date, I am not doing bad either (19%). 
In any case it is not the system that I describe here that counts, it is only usefull to guide you to make good decisions. How many times in the past did I get out of very good stocks, see these continue to thrive, then to invest in DUDS and lose all the profit? Too many times really. 

So I built my own decision system, guided by the best  Buffett, Graham, Jarislovsky, and added my own experience. I don't speculate anymore, I invest and I sleep much better. One of the principles I took from Buffett: invest in a company that is so well managed, that you would be comfortable to hold the stock even if the stock market would close down for 2 or 3 years.  Would you feel comfortable having 10% of your money in Bitcoins and not being able to sell for 3 years? Not me.
It all comes down to which stocks you pick. I could give you my 10 stocks. That's easy.  At least you know, if you read my posts that I hold ARG and AKE. I'll provide the other 8 on demand, maybe in private. Good Luck
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