Amerigo Resources Ltd T.ARG

Nice dividend indeed

[SomeGainNoPain]

But I think the explanation for today's surge is that many investors were very interested, but were holding back because of fear of a backlash effect of Gabriel Boric's election. Now that they realized there will be no backlash, the SP is starting to appreciate, as it should, By the way, Kudos to Amerigo and Ms Davidson for what seems to be a very well played NCIB in the last couple of weeks.

GLTA

[downwithdotcom1]

dude, most copper plays up SHARPLY ie CMMC, CS up near 7% in  a widely seen relief rally to a better understanding of this new OMNI COVID variant.. as for ARG, its a new LEFTIST COALITION gov't made up with some rogue elements- their agenda is for much higher mining taxes - that was part of their election platform and its a STATEMENT OF FACT..will they be practical about it?? logic says

[SomeGainNoPain]

Then I guess this investment is not for you...You are intitled to your opinion of course, so I hope you took the opportunity of this nice surge to sell, and now you can go take a hike... To me, Chile is a very stable place to make business. It is not much different than Canada: people there want a social democracy, good education, health care and pensions just like here. We'll see but I think

[downwithdotcom1]

whats WRONG WITH YOU??? scaring nobody, just stating FACTS as they are today, your comments are nothing more than opinions ..what,  just cause you.ve followed the stock for 10 years makes you the LONE expert?? just remember A FOOL AND HIS MONEY DOTH DEPART and to not pay attention to potential gov't tax changes-you know, ON THE PLATFORM THAT THEY CAMPAIGNED ON, is cause for concern

[Lucentio]

I've also followed the stock for 10 years. Their partner is Codelco owned by the government of Chile. ARG is but a pimple on the mighty Codelco.  A most important point into the future is ARG's claim to ESG status.  Producing usable metal from waste tailings,  using no oil or gas as the energy they use is electricity from hydro power

[downwithdotcom1]

...AND???? ARG is also an entity that could be seen as STRIPPING WEALTH away from the good people of CHILE and paying to already rich capitalistic foreign dogs (us)..everyone's talking about CODELCO being stated owned..SO??? what they are talking about is higher PROFIT TAXES -logically , why increase taxes on a state owned company..simple answer..YOU DON"T..you keep the same royalty deal

[savyinvestor333]

I don't see any evidence that Amerigo has bought any shares yet on the NCIB. Do you have a link?

[SomeGainNoPain]

I base my assumption on analysis of buying patterns. The actual confirmation will not come before the next quarterly results.  But Amerigo is very shareholder friendly from the fact that many directors hold a lot of shares. I mentioned earlier in a post that I expected them to buy anything under 1.30, so I believe they bought all they could in the past couple of weeks. Down markets, Covid