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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 Mar 20, 2012 4:17pm
177 Views
Post# 19696523

RE: IT`S SO EASY TO FIND FAULT WITH ANYTHING IF WE

RE: IT`S SO EASY TO FIND FAULT WITH ANYTHING IF WE

Galfan,  I've been with Largo for five years.  I  have a fair bit of money invested.   This isn't a 'the glass is half full v the glass is half empty" issue. The fact is there is nothing that has gone right since "the big boys" got into bed with Mark Brenner.  The lack of news is deafening. For example, the last NR on Currais Novos was last July stating they had begun production.  Nearly nine months later and they STILL can't get a simple  tailings processing facility to 100% production.  The loan?  It has had more changes in schedule than Joan Rivers has has face lifts.  Mark Brenner, so far as I know has NEVER started up a mine. Fine, but then he should hire people who have started up mines.  We have gone from a 70 million share company to an 800 million share company and the prince per share has continued to decline - evidence today's performance.  The 'big boys' dont' think they're getting a good enough deal so Mark changes the price for them.  That will reduce the money coming in to build the mine. There is nothing Brenner has done that has benefitted you or me but you evidently feel he's doing a great job. I thjnk he's done a lousy job and the two bridge loans in short succession of one another makes my  point and STILL the mine will not produce until Q3, 2013.    The startup date for Maracas has had many changes in date - always further out and minimal revenue coming in from Currais Novos to offset that.   I realize few things go right when openign a mine but nothing has gone right with Mark Brenner's leadership. At what point do you see your investment witherning away and begin to hold management  accountable?  Again, I've been with Largo for five years and it seems to have been all down hill.   I am not offering advice but pointing out all of the descrepancies and wondering why anyone still thinks Mark Brenner is doing a good job.  Since I do have my money invested in Largo I  want to see the loan close and then I'll probably dump this stock and move on.   Too many "big boys" for my tastes.  When they're involved it's ONLY the big boys and the insiders who make money in Canadian mining stocks.

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