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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 Jan 11, 2012 1:54pm
319 Views
Post# 19392380

RE: RE: RE: RE: RE: Anonymous rules

RE: RE: RE: RE: RE: Anonymous rules

green24,

I did a bit more digging on Sedar and found that the drilling program started May 16, 2011 with two drills  mobilized to the site to drill the 11,000 meters and that the drilling would take 9 months to 1 year. 

The Q2 MD&A  dated August 29, 2011 mentions the drilling program but there is no mention of holes drilled  but there was mention of 11 holes drilled [no mention of depth] in the Q3 MD&A dated October 19 so evidently there were only 11 holes drilled through Q3 MD&A !?   I don't know how deep they're drilling but 11 holes with two drill rigs is not much drilling in five months unless those holes are very deep.  I'm guessing they are not finished drilling.  Since Maracas is to be an open pit mine I doubt they would drill over 100 meters [roughly 328 feet] but that's just my guess. 

Bullboard Posts