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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 Specificon Nov 29, 2023 6:01pm
155 Views
Post# 35759783

RE:RE:My gut

RE:RE:My gutftom arg publications.....

"$3.80 copper guarantees the regular dividends and copper prices over $3.80 enable share buy-backs and/or special dividends"


I believe that dividends are still payable at 3.60, perhaps a bit lower

"Amerigo expects Q4-2023 copper production to exceed the 16.6 million pounds produced in Q4-2022"


this is awesome...quite possibly, they feel that with recent "strong" cu prices (up .17 the past month) and above average projected q4 production the continuation of the ncib is prudent

the old one expires dec. 1 and the new one kicks in dec.2

long arg........hope to see cu above 4 bucks in the near future





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