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Amerigo Resources Ltd T.ARG

Alternate Symbol(s):  ARREF

Metals & Mining Copper
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

Amerigo Resources Ltd > Nice move higher after that release
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Comment by savyinvestor333on Apr 12, 2024 5:35am
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Post# 35984941

RE:RE:RE:RE:Nice move higher after that release

RE:RE:RE:RE:Nice move higher after that releaseThe problem is that they always end up paying Top Dollar on the share repurchases. Its a catch 22 the shares are alwats soaring when they have the money available for the buyback. They either need to hold the cash until the next down cycle to repurchase shares a the low or just give us the extra cash.
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