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 > Great Play

View:

Post by StockpickerNYC on Apr 12, 2024 11:19am

Great Play

Amerigo is a great play on copper. Strong operation and an outstanding management and board team, all of whom have significant skin in the game and the smarts as to how best reward shareholders.

I don't know whether they will buy in more shares or pay special dividends and don't have a recommendation at the current time. However, I do know that they are unlikely to do anything really stupid like buy worthless assets.

155