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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
Post by wcarcrosson Nov 19, 2008 3:02pm
264 Views
Post# 15596435

Let's Be Brutally Honest

Let's Be Brutally Honest

Largo raised a huge amount of money at 50- 65 cents. Then the stock  ran to $1.50. 

Vast quantities of shares were dumped, and milions of dollars were made in this process.

The company didn't raise further capital during the stock run although everyone knew that capital would be needed shortly.

I'm sorry to say this, but my guess is that the next step will be a major restructuring which will severely hurt current minority shareholders.

Take a hard look at what is happening to BTP, and compare it with Largo.

Bullboard Posts