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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 kirk15on Mar 17, 2020 5:51am
54 Views
Post# 30815902

RE:RE:Canada needs to toughen short selling rules

RE:RE:Canada needs to toughen short selling rulesIt has been some years since I dealt with securities cage, but typically any unallocated shares (not on an active order) are available to lend, its called stock loan. An order to sell short goes into your broker, he will call his cage to find out if there are shares available for loan in house, and then with the other shops. Typically the loan is very cheap and will only marginally move your cost needle. This is not typically a "brokered" trade, and the owner of the shares is not aware that they are out. People worry about the "uptick" rule, to beat that I just offer below the bid so my offer gets lifted, it is niot a magic pill and would not stop me from executing, it is only a matter of price. I rarely short anymore, buying VIX calls or Puts on individual stocks works much cleaner for me.
Bullboard Posts