Largo Inc T.LGO

Alternate Symbol(s): LGO

Metals & Mining Industrial Metals & Minerals

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

Largo Inc

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Comment by PJStockson Jan 29, 2019 2:00pm

102 Views

Post# 29292471

RE:RE:RE:RE:RE:RE:Nothing really to worry about here if you ike cashflow

Good post Kha. You're right, this doesn't sit well with me. Somebody mentioned this company going private......one would wonder with that in mind, kind of gives credence to why they wouldn't give a terd about shareholders and their dishonest NR's.

kha341 wrote:
DasuDasu1 wrote:
It'd be dumb by them not to take some profits at what is the top to them, with so much uncertainty left especially from China.

O.K. but then please explain the reason behind the following Vanadium Outlook statement from the Dec 19 NR amid the waves of insiders selling. Are you saying that it would be dumb for the insiders not to sell at the peak knowing that there is so much uncertainty about Vanadium especially in China while they mislead the shareholders about what they know? Hmmm.

Vanadium Outlook

It is Largo's view that the recent dip in vanadium prices to US$23.50-24.00/lb1 do not reflect what we believe to be the overall fundamentals of the market which have remained largely unchanged and, in Largo's view, continue to show a structural supply deficit for the foreseeable future. Vanadium prices are up approximately 156% compared to the same period last year. Largo continues to expect an elevated pricing environment for vanadium that will continue to remain in place until new supply is brought online.

https://www.largoresources.com/investors/news/press-release-details/2018/Largo-Resources-Completes-Drill-Program-at-Novo-Amparo-Norte-in-Maracs-and-Extends-Vanadium-Zone-by-130-to-184-km-in-Strike-Length/default.aspx