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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 > People are funny
View:
Post by goldens on May 20, 2021 7:22am

People are funny

Take a look at the chart and you will see why the price is pulling back. Same for copper. This has been a rocket. The 200 day is about .75. What you have here is called a buying op.
Comment by maldwyn on May 20, 2021 11:18am
I think it is all the scare stories coming out of Chile that have people a little nervous.
Comment by savyinvestor333 on May 20, 2021 11:21am
The funny thing is nobody is mentioning the earliest any change will take place is 2024
Comment by Joe455 on May 20, 2021 4:33pm
And Centerra gold's problems are also spooking people.
Comment by savyinvestor333 on May 20, 2021 8:51pm
Keep patting yourself on your back Joe You should have a few more likes by the time you read this.
Comment by Smithstock on May 22, 2021 10:36am
With pressure from both Chile and China governments.is there still upside on this? 
Comment by goldens on May 24, 2021 8:30am
China is in a bit of a pickle because they will kill their economy without copper so while they say they are going to "try" to keep the price down they will fail. Ford, GM, WV, Chrysler are all making electric vehicles and that alone will continue the upward momentum (wind turbines etc.) As for Chile, well that is 3 years away and a lot can happen in 3 years. Bottom line is the current ...more  
Comment by Joe455 on May 26, 2021 1:48pm
Likes? This ain't facebook, Bruce Campbell has a great record these days.
Comment by Priority on May 27, 2021 10:45am
I dont get how this is moving to the downside today that copper is killing it.. did I miss something macro (besides the china and chile fear thing)?
Comment by goldens on May 27, 2021 12:35pm
Look at the chart. Oh wait you want people tho think about China and Chile.Neither of which matter.
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