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

Add To Watchlist

TSX:ARG - Post Discussion

Amerigo Resources Ltd > Interesting in the transcript

View:

Post by goldens on Aug 10, 2022 1:21pm

Interesting in the transcript

I read the transcript and it is interesting that they are not affected by the new tax changes being considered in Chile. They are not classified as a mine. Alsoe seems like the loss was totally due to adjustments from previous quarter due to falling copper prices so I have to believe that with copper prices stabilizing or moving higher we will see a return to profits. Until then I will collect my 10%. GLTA

260