Largo Inc T.LGO

A trip down memory lane: The difference between MS and PM

[kha341]

 

Matthew Gordon of Crux to MS: “It’s great to have a company of your stature on our humble channel so thank you for your time” 

https://www.youtube.com/watch?v=TsWIAvM24Ww

[skidie11]

sp true

[st_esteban]

PM is not good as a CEO Not everything is peaches and roses with MS MS is great as a stock promoter but look at the Titanic disaster that took place under his watch when he was CEO of Molycorp If I recall correctly Molycorp went up all the way to ~100$/share and crashed due to a combination of a buying spree of other companies at inflated prices, a SEC scandal about incorrect reporting practices

[kha341]

The story of MS at MolyCorp was well known. The subject was discussed a lot on this board when MS joined Largo in 2015.  You started to invest in Largo when MS was still its CEO, right? If so then you bought into Largo in spite of Mark Smith. Perhaps you did not know about MS performance at MolyCorp back then? Or perhaps you did not care enough about it? Unlike you, I, as a long

[kha341]

Based on your posting history, it looks like that you started investing in Largo a few months prior to MS joining the company.   The following was what you wrote on April 1 2015 “Molycorp was/is a fiasco but I don't think that this was the work of MS.  Molycorp is mainly a producer of minerals that are in oversupply with no enough demand to justify its production. 

[st_esteban]

Hindsight is not always 20/20. MS is not coming back to Largo so there is not much point on going on about this. I owned Molycorp when MS was a CEO and was able to make some money on the stock and get out just in time.  Besides external factors I do believe that MS was a big promoter of the stock and also a contributor to the failure of the company. In 2015 when I posted that comment about

[kha341]

st_esteban, Your contribution to this BB is invaluable.   Just that in light of the following “one-sided" post against MS, I think that it would be fair to remind people a  bit of your “thinking” history about the man. "MS is not coming back to Largo so there is not much point on going on about this.”? Agree. That was why I was puzzled about you asking people to