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Strategies & Market Trends : Natural Resource Stocks

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To: the Zwei who wrote (19984)1/13/2005 2:29:27 AM
From: jimsioi  Read Replies (1) of 108672
 
zwei2, re Amerigo...

If one looks at the weekly one sees this stock had a huge run in the last three years. They quite obviously did something quite right. There was disappointment with expenses at their mine in Chile and in pace of the production's planned expansion...This has lead to a sideways market. I think these issues are behind them...Using the last quarter's earnings as a run rate earning look to be about 12 cents per annum, at $1.44 on the pink sheet quote that is 12 times earning...which looks to have a double possibility this year...IF moly and copper prices hold up...

three year chart....like to get more of this around $1.45 basis the Canadian...
stockcharts.com[h,a]wacayyay[df][pc40!h.02,.20][vc60][iLl14!Lf!Lc20!Lb14]&pref=G
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