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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
Post by Endorseon Jun 12, 2012 9:06am
357 Views
Post# 20002668

Held Hostage

Held Hostage

Interesting to read this in the main street press:

Bank creditors, not Spaniards, get bailed out

David Olive G & M Business Tuesday June 12, 2012

Eventually it will strike everyday folks that the planet is held hostage by a financial elite whose

"business plan" is the short term accumluation of bonus pools for CEO and top management, who's self

interest knows no bounds and social responsibility is microscopic.

I half jokingly wrote to Darcy yesterday "Are we being held hostage by the banks?".

What's holding things up? Time to let loose the money folks and if the share price of this world class stock

doesn't go up substantially neither should anyone get an bonus.

There was also a story yesterday in the Globe about shareholders in some cases having the right of voting

down management compensation.

Corporate governance

Executive compensation: Shareholders have their say

The Globe and Mail

Published

QLT Inc. became the first Canadian company to lose its non-binding advisory pay vote, reporting late last week that shareholders voted 58 per cent against its compensation program.

Typically, packages of executives’ salary, bonus, stock options and other benefits receive rubber stamps from shareholders. And though it has taken a couple of years, institutional investors are becoming more comfortable with their new strength...

Compensation experts say one reason QLT is the only company to have lost a pay ballot so far is the votes are still voluntary in Canada; many smaller companies or those with controversial pay practices can simply opt not to put the issue on their proxy ballots

something like that.

Bullboard Posts