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Largo Inc T.LGO

Alternate Symbol(s):  LGO

Largo Inc. is a Canada-based producer and supplier of vanadium products. The Company’s segments include sales & trading, mine properties, corporate, exploration and evaluation properties (E&E properties), Largo Clean Energy and Largo Physical Vanadium. Its VPURE and VPURE+ products, which are sourced from one of the vanadium deposits at the Company's Maracas Menchen Mine in Brazil. The Company is also focused on the advancement of renewable energy storage solutions through Largo Clean Energy and its vanadium redox flow battery technology (VRFB). The Company is also engaged in the process of implementing a titanium dioxide pigment plant using feedstock sourced from its existing operations, in addition to advancing its United States-based clean energy division with its VCHARGE vanadium batteries. VPURE+ Flakes are used in the production of master alloys, where it provides high strength-to-weight ratios for the titanium alloy and aerospace industries.


TSX:LGO - Post by User

Bullboard Posts
Comment by loppyon Jun 01, 2009 1:14pm
462 Views
Post# 16033417

RE: Movement

RE: MovementThe price of vanadium has been rising.  More so in china were I last heard it was in the low twenty's range.
LGO can make a profit at $13.00 per kg., That is if they can get the were with all to build a mine.
I recently spoke with MGM, call was quickly answered and the boys were in town.  Financing questions could not be answered other than to say all options are being looked at for both projects.  Further it is still a possibility to obtain
a greater percentage of vanadium project.  Really nothing to report.  I have decided to hold my core position through the summer.
MGM and institutions have 20 % & and 50 % of the float.  That's 70% reason to make it succeed.
That last buy in shows they are still in the game.
Bullboard Posts