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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 bridgetonowhereon May 16, 2014 2:05am
265 Views
Post# 22568469

RE:RE:RE:RE:IIROC's Investgation

RE:RE:RE:RE:IIROC's InvestgationThe IIROC investigation has attracted some attention on other boards as LGO is not the only company dealing with suspicious trading behaviour on the TSXV.  Morgan Stanley Canada is in the spotlight on the FCU and PLI boards, for example, for running algo programs that downtick into the bid every minute or two with small volume orders.  Today's tape of LGO reveals that in the last 12 minutes of trading, UBS Canada sold LGO on 23 different occasions in lots of 500, 1000, and 2000 shares.  That may exceed the ratio of trades to cash value regulation and am wondering if that's the basis of LGO's complaint to IIROC?  Thanks in advance for any information you may be able to offer.
Bullboard Posts