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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 > Some shares were bought back
View:
Post by SomeGainNoPain on Feb 01, 2023 5:00pm

Some shares were bought back

317535 shares at 1,57$  nothing wrong with that in my view, Means there is a little cash headroom. They can buy all they can, at any price, it's all good.
Comment by goldens on Feb 02, 2023 10:47am
Saw that as well. We are in the black out period until the 23rd of February so I don't expect much happening in February unless they buy a bunch in that last week. They made those purchase of 15 trading days so an average of 21169 shares purchased/day. Our daily average is only 283188 so the NCIB made up about 7.5% of the daily volume.
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