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Bullboard - Stock Discussion Forum 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... see more

TSX:LGO - Post Discussion

Largo Inc > Surprised by the rise
View:
Post by gojotv! on Mar 05, 2021 3:25pm

Surprised by the rise

Surprised by the rise in share price.
Whenever I've seen a stock consolidation, the price plummets afterwards.
Could LGO be the exception?
GLTA!
Comment by st_esteban on Mar 05, 2021 3:45pm
No surprise...Largo has a lot going for it: - Consolidation is being based on a strategic move and not as a result a need to consolidate due to too much debt - 50+ millions in cash and no debt - 2k tonnes of V2O5 =~ 35+ million at $8 a pound - a pipeline of announcements that will move the sahre price (resources + projects) - listing on NASDAQ - Vanadium price moving up - new company entering the ...more  
Largo Inc