DESCRIPTION: Largo Resources Ltd. is a Canadian resource company developing strategic advanced-stage mineral deposits containing metals used as building blocks for new age steel, machinery and products (such as fuel-efficient aircraft, automobiles and railway cars). The company holds the world-class Maracas Vanadium/PGM deposit in Brazil and the sprawling Northern Dancer Tungsten/Molybdenum deposit in Yukon.
The information provided below is based on the most recent information we have received from analysts, newsletters and other contributors to Streetwise Reports' The Gold Report or The Energy Report. We encourage you to visit the company's web site and call the company for more specifics on this company before you decide to invest.
The Gold Report Interview with Stan Bharti (08/11/10)
"Largo Resources has a very large vanadium asset in the Bahia State in Brazil. The vanadium pentoxide is very good grade there—1.5% to 2%. . .vanadium prices are very strong now, too. There's a lot of demand for it, particularly in steel. Largo's Maracás operation in Brazil is open pit, fully permitted, feasibility done. . .targeted annual production of 5,000 tons of ferro vanadium (FeV) will make Largo a huge player in vanadium. The tungsten/molybdenum deposit, Northern Dancer, [is] one of the largest undeveloped deposits in the world. . .this will really take Largo to the next level. When prices fell in 2008, Largo's stock got really hurt, but. . .with steel going higher, these metals particularly have a lot of legs in the longer term. That should be good for Largo, which, fundamentally, has a lot of leverage to all of these metals—vanadium, tungsten and moly."
View Entire Article: Stan Bharti: Hard Assets Heyday
Jon Hykawy, Byron Capital Markets
(01/06/10)
"Largo has a number of projects under development, including its Northern Dancer tungsten/molybdenum project in the Northwest Territories in Canada, its Campo Alegre de Lourdes iron/titanium/vanadium project in Brazil, and the very strong Maracas iron/vanadium/platinum/palladium project, also in Brazil. Most of our valuation work will concentrate on the better-defined Maracas project, and with good reason — Maracas has the potential to become a major supplier of V to the world market. Maracas has very high grades of V by any standard, has very good chemistry, is near a community and is able to draw on solid infrastructure, and should have low costs. There is not much more that one could ask for."
PRINT THIS PAGE
EMAIL THIS PAGE
