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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 AlS412on Nov 17, 2018 10:04am
119 Views
Post# 28989185

RE:Why the drop in SP?

RE:Why the drop in SP?BUY the rumour SELL the news. Typical reaction in the stock market. The increased volatility is normal for a stock that has appreciated as much as Largo.Although we are all in agreement that the fundamental story has not changed investors many times have a target price (ie up 100%) to reduce holdings. Personally LGO has risen so much in the last 6 month's it became 75% of my portfolio.Therefore I sold 20% of my shares and reallocated the funds elsewhere (APPL) This too shall pass and I expect the stock to resume it's upward valuation once the dust settles on the uncertainty surrounding the warrant conversion,LOM drilling program and rising costs.Many years ago I bought into Glamis Gold when they were at the same stage of production and profit. Eventually Goldcorp took out GG.Why do I share this? Not to brag or pat myself on the back, rather to share my experience that PATIENCE is a virtue when investing in relatively youn mining companies.The future is so bright MS has to wear shades!!!
Bullboard Posts

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