RE:RE:RE:RE:The failed iron-ore deal with ChinaTheturk12 wrote: Just compared Largo to Bushveld from Friday closing prices to todays closing prices. Bushveld lost 2.70% whereas Largo lost 10%. I dare not look at the comparison from the begin of last week till close of today. Bushveld is holding it own and Largo is in free fall.
A note from our president to the shareholders would be comforting saying something like all is well with the company and things are progressing and maybe even give some new info on progress. But... no... lack of transparency is their SOP.
Hi Theturk
As I previously mentioned I own both Largo and Bushveld.
No need for alarm. Largo has been holding up well under the circumstances.
Yes, the sp has recently been dropping but the market recently took a beating.
A few months ago posters on the Bushveld bb pointed out (the opposite of your observation) that while their sp was taking a beating the Largo sp was steadily increasing.
Acccording to many experts Bushveld and Largo are both undervalued.
IMHO. Q3-21 Financials for Largo and Bushveld will both show a big improvement over the previous quarter.
BTW I have been buying on the drop. Not a lot, but I took advantage of a great deal.
GL