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Bullboard - Stock Discussion Forum 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... see more

TSX:ARG - Post Discussion

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Post by odzie1 on May 05, 2021 5:08pm

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And that was with 4.08 average copper price. We are now at 4.50 and moving higher. Amerigo going forward is a cash generating machine. Future of copper price is only going to go higher as well as the share priceof amerigo. GLTA
Comment by Roman79 on May 05, 2021 5:48pm
$0.06/EPS at $4.08 copper My calculations were off a little bit But at $4.50 copper for sure $0.10/EPS I'm going to guess $0.02 dividend in Q4 
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