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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 Dec 09, 2022 11:57am
177 Views
Post# 35161856

RE:Goldman forecasts record copper prices next year as China re

RE:Goldman forecasts record copper prices next year as China reI saw that too and it really bodes well for ARG and other producers. Next quarter should post some good numbers and we likely won't have any negative price adjustments. A 9% return won't last long in my opinion. Technicals on the charts showing trace back to $1.75 ish which is still low in m opinion.
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