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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

Post by Drhohoon May 27, 2022 4:54pm
215 Views
Post# 34713445

Commodities vs. company stocks

Commodities vs. company stocksAlbert Arias is doing all of us a favor, at least for the present time, with him,  the West family, and Lee Cooperman close holding  ~1/2 of the ~65,000,000 outstanding shares, leaving only a float of ~32,500,000 shares available for trading. This is a far cry from the number before the reverse 1/10 split. These lessened numbers, just like commodities can be and are affected by supply and demand. My view of the current overall market is that, because of these skittish wild daily stock market fluctuations created by all too well known macroeconomic factors, there is overall hisitancy to be a buyer of anything until the future becomes clearer. When, and if,  clarity occurs and demand returns, accompanied by LGO buyback participation and much looked for company positive news, the small float could result in rapid Sp acceleration. Just my opinion, but what do I know? I feel like The Lone Ranger making posts on a board dominated by so much negativity. This reminds me of one of my card playing friends asking me "when did you first realize that you were different from all of the rest of us?" My response was "it was early on, and boy, was I glad!" Another one of my good friends, many years ago, told me of the importance of the 3 S's: Sports, Sex, and Surgery. I would like to add my  4th S to that list: Stocks. I miss those guys a whole lot.
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