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Bullboard - Stock Discussion Forum 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... see more

TSX:LGO - Post Discussion

Largo Inc > Pleasant surprise
View:
Post by kha341 on Jul 24, 2020 5:34pm

Pleasant surprise

I don't have the faintest idea what’s behind the current and sudden positive momentum. The sp has gone up ~9.3% from C$0.96 on Tuesday July 21 to close at C$1.05 after reaching C$1.10 on Friday July 24. The last time LGO closed in the C$1.00 range was on June 9th. Definitely a morale-boosting event but how can this positive momentum be maintained? Was it triggered by some kind of a rumour? A positive NR to be expected soon? Will the soon to be released  Q2 results help?


Comment by ninja123 on Jul 24, 2020 6:34pm
very smart investors are turning to specialty metals/rare metals .. + ESG money is focusing more on battery metals.  we are in early days.. i know a # of large HNW investors startng to build positions in LGO. biggest issue is liquidity.  it's coming though.  i have never flinched on my position over the past 2+years .. i also have not added for a long while, but if we close ...more  
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