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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 downwithdotcom1on Oct 08, 2022 12:14pm
132 Views
Post# 35014057

RE:RE:RE:RE:divd money

RE:RE:RE:RE:divd moneyoh my, just shows once again why you're such a pomp@us D@mB-A$$..CMMC just sold EVA for up to $300 million cdn., stock had a 60 cent intraday bounce and CMMC has doubled since getting crushed all the way to a $1. I took a nice position and made 40 cents ..genius ?? HARDLY..company actually told the market back in late june that something POSSIBLY was in the works....easy buy signal, not all good news, just got back my investment when i purchased CMMC at higher prices,,,still, this is a near term GAME CHANGER for CMMC. This will pay for their expansion to 65k tonnes per day, and with their recent near doubling of reserves, gives them a 32 year mine life. Higher expenses yes, but i will also point out, that CMMC did some strategic hedging for the balance of the year...One final point-this will CMMC to get at even more GOLD as part of their mill expansion...what say u??? dwdc
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