Largo resources one of the lowest cost vanadium producers with main project in Brazil. Company explores for vanadium, iron, tungsten, and molybdenum. Earnings have been exploding due to appreciation in vanadium prices last year. I belive prices of Vanadium the 23 element in the atomic table will go north in the next few years which will be triggered by shortage...
Pretty neutral here after such a strong move but it is on watch due to the heavy amount of shares that exchanged hands at $1.84. Would expect it to be strong resistance but and will watch for action once it starts tapping.
This chart just has a nice rounded bottom in the making IMO. That is if the global trade issues get sorted out and the outlook for growth improves. LGO is very susceptible to the China trade issues and global growth overall. If the Indices decide to take another trip south LGO will go down with them. That being said I'm in the camp that we see a continued rally in...
Because of rising prices of Vanadium, LGO should rise as well. It is one of the biggest miner of V2O5.
Vanadium redox battery can soon replace lithium batteries in electric vehicles and become best storage for renewable energy.
