Largo Resources Ltd
Yukon Territory - Brazil - Ecuador: Gold-Copper, Vanadium PGE , tungsten/molybdenum
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AGORACOM WIRE - TUESDAY MAY 29TH, 2012

CONTINENTAL ENERGY  Geothermal Energy Project Receives US$ 11.5 Million Grant Read More * Client

SONOMAX completes $3 million equity financing Caisse de dépôt et placement du Québec contributes a significant portion of financing

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INTERNATIONAL PBX VENTURES (TSX:PBX) Signs Copaquire Joint Venture Option Agreement - $90M Potential Payment Read More

LOMIKO METALS (TSXV:LMR) Graphite and Zinc Price Outlook is Favourable Through 2013  Read More   |   *SPONSOR

 

 

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Re: Today's Action

in response to Re: Today's Action by Joseph K
posted on Oct 03, 08 07:49AM

The price is lower(again)but the inventory is moving. Thats we need. Once the position of that broken down fund is liquidated, we bounce significantly. After that, we rely on fundamentals.

Bill needs to pass congress today. If credit markets return to some sense of normalcy, we can get our loan for the payment due in a month to take Largo to 100% ownership of Maracas and then I believe we'll have our project financing. If both those issues go our way its is 10X time. Still risky though as it will take credit markets time to recover even with a positve vote today.

Quite a story. Gonna be a wild ride.



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