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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

Amerigo Resources Ltd > A bargain even at this price.
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Post by microcaphobby on May 10, 2021 10:13pm

A bargain even at this price.

Market cap of 1/80 of FM yet cash flow of only 1/10th of FM. FM earnings only 4x Arg. Small caps always get discounted to large caps but not by this wide a margin. I predict Arg will double in 6 months, if not sooner.
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