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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 > IKN is buying ARG/ARREF
View:
Post by NoiseCutter on Jan 03, 2022 3:28pm

IKN is buying ARG/ARREF

The guys at IKN (very good mining newsletter) have picked up coverage and a long position in Amerigo Resources. This is a little dated as it happend a few weeks ago, but is still very relevant. Their analysis hits the nail on the head and 2022 should continue to be a strong year for Amerigo. The company is actively buying back shares while paying a ~5% quarterly dividend to investors.

Get long this thing and enjoy the ride.
Comment by goldens on Jan 04, 2022 2:43pm
The shares are going 100 at a time and moving up slowly. I think next quarter we may see more than $0.02 dividend. The train is slowly leaving the station.
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