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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

Comment by kha341on Apr 05, 2024 5:24pm
119 Views
Post# 35973960

RE:Insider buying/selling

RE:Insider buying/selling

Like all of us, either small fish or smart money, when insiders see a golden opportunity to make money, they will take advantage of it. Insiders sold a truckload of  LGO when the stock was at C$4.9 (equivalent to C$49 after consolidation or ~25 x the current sp), the highest price since Maracas becoming a producing mine, to make huge financial gains just prior to its vertiginous decline. So logically if they feel that LGO is now at attractive levels they will take advantage of the bargain to “buy low now and sell high later”, won’t they? The non-existence of insider buying speaks volumes.  



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