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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 > Growth Where's the Growth???
View:
Post by SomeGainNoPain on Apr 08, 2022 11:35am

Growth Where's the Growth???

Dear DWDC, I will show you where the growth is. It is in my bank account. 

ARG December 1st close 1.25. 
ARG April 7th close 1.79
ARG dividends since 0.05
(1.84 - 1.25)  / 1.25 = 47.2 % growth in 4 months

If you want to compare with the CMMC growth, it is very easy.

CMMC December 1st close 3.51
CMMC April 7th close 3.54
CMMC dividends since 0
(3.54 - 3.51) / 3.51 = 0.008% growth in 4 months

If you require further explanations, you can ask me or any 4th grade teacher.
Best regards
Comment by geezer21 on Apr 08, 2022 12:01pm
That is an illustration that: AFM is paying back shareholders with dividends, buying back shares, and increasing shareholder equity with building cash position. CMMC is paying back shareholder by reinvesting in future growth and increaseing shareholder equity. They are the top two copper producers.  What you prefer depends on your personal time horizon and stratedgy. You either get more ...more  
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