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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 cult_of_frankon Oct 12, 2012 10:23am
195 Views
Post# 20477268

RE: RE: RE: RE: RE: RE: Dilution?

RE: RE: RE: RE: RE: RE: Dilution?

I'm all for the remaining 10% and I agree that this isn't net dilution, but if you don't see that the big guys first brought the share price down and then held it there so they could essentially take even more out of our pockets to make their own investment look better, then you're not looking hard enough. I have long thought that having these guys in the company was a good thing for us but I guess a fool and his money are soon separated. 

At least we should be able to see the share price walk back to where it was in the 27-28 cent range over the next couple weeks once they let off the pressure, so there is a chance for those who have some cash to make some of what they lost in the last month back and then some. At least, that would be my plan.

Bullboard Posts