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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 Vercrusseon Sep 02, 2017 6:40am
100 Views
Post# 26650179

RE:RE:Anon

RE:RE:AnonI assume that anon might be one of today's major share holders (Arias ?).

In some funds the value of 1 company might not 'overweight' the total portfolio.  So the more the sp goes up, the more shares they have to sell.  Logic also because at the end of the month the salaries, bonusses, ... have to be paid as well and the only way a fund can do that is by selling participations.

If this is the case, the free float increases which is good for other funds and friends to get in.  On the other hand, it will prevent the sp from sky-rocketing on the short term.

Oneone knows whether we can see somewhere the participations of Arias, its a private fund.  Couldn't find anything directly.


Bullboard Posts