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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 TerryGon Nov 17, 2018 10:30am
136 Views
Post# 28989229

RE:RE:Why the drop in SP?

RE:RE:Why the drop in SP?My 2 cents, I personally purchased additional shares of Largo beyond my comfort level in anticipation of the same bump that we saw last quarter. My intention was to sell these shares after an anticipated 10% jump. This did not happen and I was tempted to sell this over allotment as the shares dropped (I did not). I think we may all be too focused on Largo and not stepping back to look what the market for Vanadium and other mining stocks have done. I offer the following comparison for the last 10 trading days. The following are given in US prices.

Largo peak $3.56 on 11/9 to $3.02 on 11/16 down 15.2%
Prophecy Dev. $.56 on 11/12 to .39 on 11/16 down 30.36%
Vanadium One $.20 on 11/7 to .13 on 11/16 down 35%
Western Uranium & Vanadium $2.50 on 11/8 to $1.99 on 11/16 down 20.4%
Bullboard Posts