The Investment Doctor
Long/short equity, value, debt, base metals

Largo Resources Has Hit The Ground Running - Time To Re-Evaluate


One of my first articles of this year was about Largo Resources (OTCPK:LGORF), which I thought to be an excellent investment opportunity when the share price was trading at around $0.20. We're now 5 months later, and the share price is trading at $0.255 for a gain of 27%, and as the company has made tremendous progress, I feel it's time to write an update and fine-tune my assumptions based on the currently known facts to determine if I should revise my opinion.

This update is warranted because Largo has concluded the commissioning process and is ramping up its production at the Maracas project. This means that the project is currently converting from a theoretical assumption (feasibility...

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