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Bullboard - Stock Discussion Forum Amerigo Resources Ltd T.ARG

Alternate Symbol(s):  ARREF

Metals & Mining Copper
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 > Carrasco on BNN bullish on copper
View:
Post by prested on Jan 19, 2022 12:55pm

Carrasco on BNN bullish on copper

He thinks the future is rosy for the sector and sees it doing better than the precious metals in the near term.
Comment by goldens on Jan 19, 2022 1:35pm
I don't see how he can be wrong. The electrification of the world is going to need copper. I am surprised we aren't' t testing $6/lb never mind $5. I was surprised to see ARG's forecast using $3.90/lb for this fiscal. I see some upside revisions during the year. I am probably wrong but I just don't understand the LME inventory being so low and analyst saying there will be a ...more  
Amerigo Resources Ltd
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