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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 Sep 22, 2023 7:57am
97 Views
Post# 35648788

RE:How much copper is there actually…

RE:How much copper is there actually… So that is about 25,000 tons ($3.80/lb) that they will have to replenish. Hard to believe our Market Cap is only $212 Million. I guess the silver lining around this is that they probably have enough water now for a while.
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