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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 May 22, 2012 1:13pm
169 Views
Post# 19933907

RE: RE: RE: Good Article

RE: RE: RE: Good Article

glenfarclas,  Are you going to forever he a dunderhead?  All of you genuflecting to Mark Brennan?  He is wat ering this company down by HUGE amounts and all you can do is worship him.   Of course I expect the number of shares to increase but I also expect, as progress is made to see the share price increase.   A few things to keep in mind - Northern Dancer is at least a decade out from producing anything and has very low grade.   Also the original company didn't have Currais Novos - which hopefully is at or near full production or Campo Alegre - which may be huge.  That said, most junior companies try to "digest" what they have  before they take on more but Mark Brennan kept  on using borrowed money to buy everything in site which buried the company in debt.  Assets that are not performing or won't for many years can bury a junion and we are buried.  The good news is that Maracas was an outstanding property. That said, the MAIN reason juniors get  into trouble are they bury themselves in debt and go under.  That could be us if for any reason that loan goes south.  It probably won't but we ARE over-extended make no mistake. 

There have also been major delays which has undermined the company.  I'll  wager we will not see any appreciable stock increase for a long time.  Why? The big boys control it and they can beat those small shareholders down to where they throw in the towel. That seems the norm in these deals - the big boys get rich and the small shareholders get shafted.  So don't expect any rapid appreciation of this stock - it's not going to happen. And don't expect that Brennan cares a fig about you or any other small shareholder - he doesn't.   Luckily for me I can write this off totally - so I'm more than prepared to ride this sucker into the ground if that's what happens.  I think too many here are WAY too optimistic about both Largo and Mark Brennan and are going to be disappointed.  Just my opinion but Mark Brennans reach exceeds his grasp - but HE is doing just fine. How are you and the others doing?  Time to take off the rose colored glasses and see what YOUR personal investment has done not what Mark Brennan has done for "Largo".  After all that's what counts isn't it?

 

Bullboard Posts