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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 May 22, 2024 8:56am
113 Views
Post# 36051575

RE:you buy back shares first. Then dividend yeilds skyrocket

RE:you buy back shares first. Then dividend yeilds skyrocket Little bit of an insult thrown. lol. I understand basic math but just going off what they said in their reports. I think if copper holds we will see both share buy backs and a special dividend. I don't really like a special dividend either because it attracts short term buyers whereas a share buyback increases the yield and rewards those that have been holding. I would also love it if they switched to a monthly dividend rather than quarterly.
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