Largo Inc (LGO)

[gharma]

No new negative developments I am aware of, but good question.
I have chalked it off to the general market, potential for demand downturn, people hunting money from what is not in immediate position to pop up. I have held free shares for a year plus so not troubled by this down swing, probably a long time before back around the 0.5 tops but only good news imo over recent quarters. It hasn't been this cheap for quite a while. Long term they have good properties and sizable part of financing in place for the Brazilian efforts, and they finally have upped to 100% on Northern Dancer. The one thing I have noticed with Largo in the couple years I have tracked/held is that it does not have many fast price swings, mostly long gradual trends with someone occasionally taking an interest in acquiring a large position. They are not news producers, but are tracking for a couple milestones late this year. The fairly fast drop over the past week+ is imo the market for commodity, i.e. non-gold, metal producer equities.