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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

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Post by harvester on Jan 25, 2023 1:34pm

Price

Feeling like this was being propped up due to share buybacks.
Comment by goldens on Jan 26, 2023 3:59pm
We will see if they executed anything next week at the end of the month. We should be moving higher on our own merits given the price of Copper.
Comment by harvester on Jan 26, 2023 4:13pm
At $4.20 lb our share price should be improving. Waiting with baited breathe.
Comment by Thestockguy on Jan 28, 2023 10:46am
I suspect that there is some hesitation regarding the cost escalations.   Keeping costs under control, while maintaining reasonable production levels will not be easy, but should be management's priority.
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