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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 packerdriveron Mar 15, 2024 1:55pm
71 Views
Post# 35935345

RE:This is a long game investment

RE:This is a long game investment
Same here....what I liked about it then hasn't changed at all. It's a play on the copper price but it has no exploration/development risk. BIG dividend is just a bonus. It's in the mining sector but it's in a similar business to GFL: taking somebody's "garbage" and dealing with it....in this case there's value in the garbage so they kick some money back to the "customer". Every  mine on the planet has tailings piles...huge ones. If you own it you gotta believe because NOBODY covers it! GLTAL
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