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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 18, 2011 6:22pm
270 Views
Post# 19250191

RE: THE SMART MONEY WILL BE COMING INTO LGO VERY S

RE: THE SMART MONEY WILL BE COMING INTO LGO VERY SGalfan, I think many of those events are a ways off. I'm only guessing and haven't seen anything definitive on how long they expect to complete the drilling at Maracas but I would be surprised if it's completed in less than a year - probably 2-3 years so I don't think the new NI43-101 will show a doubling of the ore body. Have you seen a time table on how long they estimate the drilling will take? I hope you're right and I'm wrong. :)The financing is not yet complete. The terms and conditions need to be drafted by the lender and signed by Largo. Those terms and conditions are always subject to negotiations until they all agree and the documents are signed. Right now we have a firm but "conditional" offer for financing. We are better to wait to celebrate until the loan is closed and the funds disbursed.Campo Alegre de Lourdes is HUGE. It will take several years to prove up the resource by drilling and then the geologists will need to make a model of the resource for management to evaluate. There is a lot of work before Campo Alegre is even proved to be what has been indicated. I'm excited about the prospect too but better to temper our enthusiast until the drilling is done and the lab has done its work.
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