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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

TSX:ARG - Post Discussion

Amerigo Resources Ltd > Down 13% from 52 week high
View:
Post by Thestockguy on May 30, 2024 7:13pm

Down 13% from 52 week high

A few more days like this and I might be a buyer again!
Comment by goldens on May 31, 2024 7:13am
Moly prices still rising so costs should continue in the right direction. Calling for $4 copper price now with end of year $4.50. Sounds more reasonable than the $6 panic figure. Might be more room to go lower but this one moves quickly with the price of copper. I expect there to be an increase in the short position given the quick rise to over $2. Be interesting to see if they bought anything in ...more  
Amerigo Resources Ltd
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