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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 > It's been frustrating...
View:
Post by packerdriver on Mar 09, 2024 4:09pm

It's been frustrating...

frustrating to watch this stock not being able to break above the 1.40 mark over the last six months despite a few runs at it....long term holder here, still in the green somewhat.... the big divvy makes it all worthwhile.....going to have this stock a long time it looks like.
Comment by goldens on Mar 09, 2024 6:47pm
I expected us to be around the $1.50 area now with the stable copper prices hovering in the $3.80 area. They are in a very good cash position with negligible debt and a pretty low float. It will be interesting to see if they nibble off a few shares in March. This is long term hold for me as well so not too concerned but it would be nice to see it move a little farther north. GLTA
Comment by harvester on Mar 13, 2024 9:48am
Copper over $4. Should start seeing some movement. Hold strong. Glta
Comment by Specific on Mar 13, 2024 8:36pm
https://www.mining.com/copper-price-soars-to-7-month-high-on-chinese-plans-to-cut-output/
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