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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 JohnEStromJron Nov 11, 2011 2:56pm
151 Views
Post# 19230819

RE: RE: : RE: Level II Quotes

RE: RE: : RE: Level II QuotesHi stack,Don't misunderstand, I want Largo to be a smashing success. I've been in Largo for close to five years. My point is that until the financing is completed, all documents are signed and the terms and conditions of the loan are such that Largo can be successful we don't have financing. As they say, 'The devil is in the details'. I'm reasonably confident we will get the financing signed but again, until it is - it isn't. I know the market is up today - thankfully - but I'll wager as we get closer to the close of market you'll see many stocks begin to fall off in price. Most of the stock market volume is from traders and they don't like to own over the weekend - especially in these turbulent times - so while I hope the market DOES stay up my guess is it will slump in the last hour or so. I hope I'm wrong but history usually tells a different story. Finally, once we DO have the money available, Largo still has hurdles - building the mine and infrastructure will be all-consuming and then getting the plant and equipment up and running. There are always bumps in the road. Finally, let's hope the market for vanadium - in whatever form - continues strong. If the loan was in place it will be nearly two year before Largo is in production and probably six months to a year after that to get to full sustained production. Anyway, congrats to Mark for what he's accomplished to date but until the Fat Lady sings we're still not out of the woods. We're closer than we were but there are still dangers along the way. Let's hope I'm overly cautious and semi-paranoid! :)
Bullboard Posts