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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 27, 2017 11:31am
157 Views
Post# 26748139

RE:China Communist Party Congress

RE:China Communist Party Congressyeh well, the higher the prices the more attractive for mining and thus higher production volumes.  When there is more produced than consumed, prices go down again.

At lower prices these mines have to close again.  And thus the price will raise as it did this summer.

Bottomline, I'm afraid that for the next 2 years we will have a jojo movement: going up, going down.

If all this new capacity (300tm in China, 11000 in SA) is on the market, prices will have to go down again.  Maybe we can remain this high for a few months but when mapochs is almost fully operational prices will go down.

so I draw my conclusions for now ... and sold about 80% of what I had. If it should skyrocket for a reason, the remaining should make me happy.  Anyway, I'll be back before the redox batteries miracle starts.


Bullboard Posts