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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 Nov 29, 2023 8:31am
130 Views
Post# 35758129

RE:My gut

RE:My gutNot sure about that but $3.80 is the price needed to keep the Dividend so the odds of it getting cut or reduced after the next quarter have dropped dramatically. Given that you have one of the top producing copper mines shutdown might just put us in a copper deficit rather than a surplus. We may see $4 and that is very good for us. Just my opinion and GLTA.
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