And I've Got a Bridge For You Largo Resources Ltd. ("Largo" or the "Company") announced today that it continues to make progress towards closing its long term debt facility for its Maracas Project with the Business Development Bank of Brazil
"Continues to make progress"? Huh? What the heck does THAT mean. In short, Mark Brennan hasn't made little progress. The bank's lawyers and bankers are stringing this thing out. What a joke
Or, a deal is being made either with the 'BIG boys' , ie Eton Park, Arias et al OR Glencore to buy Largo once the loan is in place and all permits in hand. Mark Brennan has never run a mine and I'm doubtful he will run this one so this intermnible delay could be getting us set up for the sellout. We'll get peanuts and Mark Brennan and the "insiders" will be rewarded - at our expense. We'll soon see.