Friday, December 14, 2018 12:48:11 AM
The sole person I have read on this thread that appears to know something about the company is ‘slashnuts’. That’s not meant as a put down to everyone else ....but one only has so much time in the day to wade through innocuous messaging....that’s what social media is for. Slashnuts....thanks for the info update on your conversation with Mark. I am not as smart as you to have invested in this company at .12, but I did buy Galaxy Resources around that price a few years ago, as well as Orocobre under $1, and Katanga Resources at .40-.50 before it’s run to $2.40 a few years ago. The only reason I am quoting those is because I have been an investor in mining resource companies for several years. I can tell from your posts that you are an investor like myself....and not a trader. Your reference to Glencore’s trade agreement with Largo is a statement from a person who reads and does research. Most people are either not aware of the significance of the deal with Glencore....and its expiration in a few weeks...or don’t understand the significance of Glencore’s involvement with the company to begin with. For those that want ‘free’ information without having to work for it (meaning using ‘your’ research to buy or sell the stock) deserve everything they get....especially the losses. Some of you probably think “that’s a hard core attitude”....and you would be right...it is.
I have found over 40-50 years of investing in commodities that nothing comes easy. In order to ‘invest’ you have to have the fortitude of your convictions when you buy....that you did the amount of research to validate your decision. In other words i.e. if you invested in memory expansion chips about the time the average investor was becoming aware of Microsoft.....or bought Apple at $40 when they announced the release of the first iPhone years ago (that’s $40 pre-split 4 to 5 times since) you are probably the kind of person slashnuts and I could have a conversation with. However....if you’re one of these people that has a total of 3 posts on investors hub before reaching some conclusion and posting....probably not.
In conclusion “my opinion” about Largo is.....learn about vanadium and the world market for it. Not only in the aerospace usage, and steel industry use in strengthening rebar, and China’s effect on the world market, as well as the ‘important fact’ that selling in the stock since earnings which has crushed the price from $3.40 give or take....to $2.20 US is in fact related to profit taking from a few large shareholders and end of year selling by investment funds and individuals. None of this selling has anything to do with the fundamentals of Largo or vanadium demand. Remember when you invest in a mining commodity like copper,cobalt,vanadium, etc.....it is generally speaking a long term investment So ....you traders out there that arrived with 2000 shares and can’t resist sharing your wisdom with us slow minded investors....remember that a few of us have been buying for quite some time. Myself....only since last year...but I buy in 5000 share lots regardless of the price...to cost average in shares that are not being diluted at present...and seem to be under rational management...which is hard to find in Brazil and other South American countries. I speak from a position of owning real estate in Rio and having invested in Brazilian companies since 1999. If you think you have a better perspective...please put it in at least 500 words or more :) As a footnote for those who try to send me private messages....I can’t receive them because I am not a “paid member”. You can post whatever you want to say in public.
Recent LGO News
- Largo Announces a Proposed Joint Venture with Stryten Energy to Bring Innovation and Scale to North American Vanadium Flow Battery Market • Business Wire • 03/18/2024 09:05:00 PM
- Form SC 13G/A - Statement of acquisition of beneficial ownership by individuals: [Amend] • Edgar (US Regulatory) • 02/13/2024 09:17:15 PM
- Form 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16] • Edgar (US Regulatory) • 01/23/2024 02:58:41 PM
- Form 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16] • Edgar (US Regulatory) • 12/18/2023 01:24:38 PM
- Largo Provides Update on the Ongoing Exploration Program Surrounding its Maracás Menchen Mine in Brazil • Business Wire • 12/18/2023 01:08:00 PM
- Largo Reports Third Quarter 2023 Financial Results; Announces First Commercial Shipment of Ilmenite as By-Product of its Vanadium Operations in Brazil and Validation of its 6 MWh Vanadium Redox Flow Battery to Operate on Test Conditions in Spain • Business Wire • 11/08/2023 10:17:00 PM
- Form 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16] • Edgar (US Regulatory) • 11/08/2023 10:05:10 PM
- Form 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16] • Edgar (US Regulatory) • 11/06/2023 10:05:06 PM
- Form 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16] • Edgar (US Regulatory) • 10/31/2023 05:20:59 PM
- Largo Reports Third Quarter 2023 Production and Sales Results and Begins Hot Commissioning of its 6.1 MWh Vanadium Redox Flow Battery; Production and Cost Guidance Remains Unchanged • Business Wire • 10/17/2023 09:46:00 PM
- Form 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16] • Edgar (US Regulatory) • 08/29/2023 11:39:32 AM
- Form 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16] • Edgar (US Regulatory) • 07/31/2023 05:53:06 PM
- Form 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16] • Edgar (US Regulatory) • 07/25/2023 03:34:03 PM
- Form 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16] • Edgar (US Regulatory) • 07/17/2023 11:22:32 AM
- Largo Reports Fatality Following Injuries Sustained at its Maracás Menchen Mine Chemical Plant • Business Wire • 07/15/2023 06:47:00 PM
- Form 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16] • Edgar (US Regulatory) • 06/28/2023 03:57:12 PM
NanoViricides Reports that the Phase I NV-387 Clinical Trial is Completed Successfully and Data Lock is Expected Soon • NNVC • May 2, 2024 10:07 AM
ILUS Files Form 10-K and Provides Shareholder Update • ILUS • May 2, 2024 8:52 AM
Avant Technologies Names New CEO Following Acquisition of Healthcare Technology and Data Integration Firm • AVAI • May 2, 2024 8:00 AM
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Cannabix Technologies to Deliver Breath Logix Alcohol Screening Device to Australia • BLO • Apr 30, 2024 8:53 AM
Hydromer, Inc. Reports Preliminary Unaudited Financial Results for First Quarter 2024 • HYDI • Apr 29, 2024 9:10 AM