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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 > Nice bump up on high volume.
View:
Post by TimeTooSoar on Oct 05, 2023 4:13pm

Nice bump up on high volume.

Did someone big just hit a market order??
Comment by divime1 on Oct 05, 2023 4:21pm
Merrill , Goldman and RBC started buying with about an hour to go . 
Comment by goldens on Oct 05, 2023 4:29pm
We were way overdone and probably had some short covering. Everything is in my opinion is oversold. We are trading like it is 2008 but I don't see the same economic conditions. In 08 manufacturing orders pretty much disappeared overnight but I don't think that is the case here. I think they have enough funds to keep the Dividend for a few more quarters and I really don't see copper ...more  
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