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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

Post by StockpickerNYCon Apr 12, 2024 11:19am
152 Views
Post# 35985736

Great Play

Great PlayAmerigo is a great play on copper.  Strong operation and an outstanding management and board team, all of whom have significant skin in the game and the smarts as to how best reward shareholders. 

I don't know whether they will buy in more shares or pay special dividends and don't have a recommendation at the current time.  However, I do know that they are unlikely to do anything really stupid like buy worthless assets. 
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