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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 > Centerra Gold near a solution
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Post by goldens on Feb 11, 2022 11:58am

Centerra Gold near a solution

Not sure if anyone is following this but given that this was a seized mine (just one mind you) by the Kyrgystan government. I suspect they will be getting the mine back since all other investment basically stopped. Shows what can happen by a short sighted government. I don't think it would go to well if you tried to take over all resources. When it happened Centerra stock dropped dramatically. 

https://www.mining.com/centerra-gold-kyrgyzstan-close-to-kumtor-out-of-court-deal/
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