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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 02, 2023 12:05pm
124 Views
Post# 35765128

RE:dwindling copper supply

RE:dwindling copper supplyWhat it doesn't mention is any impact to future investment required to provide the copper required. Who is going to invest money in these countries with the possibility of the mine simply being taken away after you pour in billions to get a mine up and running. Comex copper futures already hit over $3.91. Just my opinion but I think there is a bright future for copper and this little company. GLTA
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