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Investment Q&A

Not investment advice or solicitation to buy/sell securities. Do your own due diligence and/or consult an advisor.

Q: I would like an update on Largo (LGO). The deal with Glencore to take all the production for the 1st 6 years sure seems very good.
Generally speaking is it good to buy a mining stock just before commissioning (as LGO is doing now) or wait until everything is running fine. In the past I've bought on price dips due to commissioning issue problems and done quite well. Was I just lucky or is that quiet common.
Thanks
Read Answer Asked by Doug on March 12, 2014
Q: Hello Peter, Do you have any information you could share regarding Largo (LGO). Seems like they have their financing done, they have and off-take agreement for the Vanadium, and Brazil seems like a good country to be in for mining. They bumped up about 20 percent last Friday but doubt if that means much. I suspect the main risk is whether the management team has the skills to pull off the difficult task of building a mining operation. Do you know these guys at all? Thanks.
Read Answer Asked by Gerald on July 14, 2012