Amerigo Resources Ltd. (ARREF)

[optimus203]

Recent Financial Highlights

(taken from http://ca.hotstocked.com/article/4405/is-amerigo-resources-ltd-tse-arg-pink-arref.html )

* In the end of 2010 Amerigo had over $35M in cash, one year before that this number was just $7.2M;

* As at Dec. 31, 2010 the company had working capital of $22.5M. Amerigo recorded a positive operating cash flow of $35M for 2010;

* The company reported revenue of $152M, net earnings of $15.4M and an operating profit of $26.3M for the last year. All these indicators have risen significantly in comparison with 2009. Only for the fourth quarter of 2010 the net income was $7.5M;

* In 2010, Amerigo produced 46.6M pounds of copper and 777.3M pounds of molybdenum.

* ARG is a dividend paying stock, which is not so common among Canadian mining companies. Only one week ago, Amerigo announced a semi-annual dividend of $0.02 per share, payable on May 5, 2011. Stockholders should be pleased!