Amerigo Resources 2024 Should Be A Good Year (ARREF)

News Snapshot:

Chonlatee Sangsawang Introduction French cabling specialist Nexans (OTCPK:NXPRF) (OTCPK:NEXNY) is currently the largest position in my stock portfolio and I've been looking at copper producers to hedge some of the risk there as this is the main raw material used by the company. So far, the top name on my watch list is a company that I covered here in SA in 2021 - Amerigo Resources (OTCQX:ARREF) (TSX:ARG:CA). The company had a difficult autumn in 2023 due to heavy rains in Chile and it doesn't look particularly cheap based on the historical correlation of its share price with copper prices....