Amerigo Resources Ltd T.ARG

Alternate Symbol(s): ARREF

Metals & Mining Copper

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.

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Amerigo Resources Ltd > Averging Down

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Comment by Thestockguyon Sep 25, 2023 10:27am

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Post# 35652072

RE:RE:Averging Down

Got mine at 1.27. i know quarter will not be good. I expect managment will fight to keep base dividend in place.
Medium term business model should remain intact at this price of copper.

Obviously a $4 copper price would create windfall.

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