Amerigo Resources Ltd T.ARG

Alternate Symbol(s): ARREF

Metals & Mining Industrial Metals & Minerals

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

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Post by downwithdotcom1on Apr 09, 2024 11:46am

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Post# 35979151

you want a copper story...here's another bullish opinion..

apparently AI strikes again...see below..
"The chief economist at commodity trading giant Trafigura has warned the copper market could tighten further as a result of artificial intelligence.
AI and data centers' rapid growth is creating a significant demand for copper. The copper market is already facing a 4-5 million ton deficit by 2030. China, a major copper producer, is considering production cuts due to raw material supply issues"