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Bullboard - Stock Discussion Forum Lithium Americas Corp T.LAC

Alternate Symbol(s):  LAC

Lithium Americas Corp. is a lithium resource company. The Company is focused on advancing Thacker Pass to production. The Company owns 100% of the Thacker Pass project, which is located in Humboldt County in northern Nevada, through its wholly owned subsidiary, Lithium Nevada Corp. Thacker Pass is situated at the southern end of the McDermitt Caldera, approximately 60 miles (100 kilometers... see more

TSX:LAC - Post Discussion

Lithium Americas Corp > Exciting times for Lithium stock holders
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Post by Vesta63 on Oct 02, 2020 11:02am

Exciting times for Lithium stock holders

$21 shortly Like I said before Chinese companies have locked up most lithium supply. Canada and US need to produce own supply for onslaught of electric vehicles and home power storage. Need bankrupt Nemaska mine operation completed also.
Comment by Moemoney42 on Oct 02, 2020 11:51am
Exciting times indeed... I was looking to buy back my $16.16's this AM but thought it would break the $15 mark and I would have been all over buying back my shares.. wow.. didn't expect this..! Glad I bought back my $16.51's and $17.10's.... ;-)  Good luck everyone..!
Comment by Moemoney42 on Oct 02, 2020 1:01pm
Been thinking about the recent rally.. the gov'ts plan to put rare earth metal mining in the strategic resource promotion with the recent announcments.. plus the fact that Tesla is moving to secure supply.. the fact that Piedmont jumped to ~$27/share from an average this year of ~$9 without a producing mine, tells me that LAC should be able to make the $27-$28 dollar price as well..? Now ...more  
Comment by Coffeeinvesting on Oct 02, 2020 5:07pm
Moe, I appreciate your input, but you're not thinking long enough into the future.  Look at the history of lithium prices relative to stock prices. In 2015 they were 6k, in 2018 they spiked to 19k per ton. Companies like livent who only produces ~20k lithium (hydroxide at that) went from a market cap of 1.5bn to 4bn CAD, which is just the size of cauchari. The time is not to sell now ...more  
Comment by Moemoney42 on Oct 02, 2020 5:59pm
Good luck to you as well coffeinvesting! I agree with you're long term analysis, but couldn't resist taking some profits when it spiked as usually a buy back opportunity arises when these spikes take place.. which did this AM but I didn't think it would continue up soo fast from the open.. still have skin in the game for the long haul and some profits in the coffers as well as now I ...more  
Comment by deercreekguy on Oct 02, 2020 9:02pm
Like you Moe I took a little off the table this morning at far from the top.  However I am still in with a very long positon for the longer haul.  Regards, and good holdng.
Comment by jcole199 on Oct 07, 2020 11:19am
Moe:  Always love your insights, I follow your postings over on the Sona board (love the way you can set the record straight) to bad people dont' appreciate what you are trying to tell them. Keep up the great postings (a silent fan)!
Comment by Moemoney42 on Oct 15, 2020 10:46am
Hey jcole... just noticed you're post.. thanks for the support..! To be honest with you I never thought I'd see the opportunity to buy back my $16.16 sell a while back and I'm thinking of redirecting those profits back to LAC... just waiting to see this gong show of a market lately to hopefully show some direction... too much whipsawing lately to take any large positions until I know ...more  
Comment by Moemoney42 on Oct 15, 2020 10:50am
I'm watching that 20 day MA to see if it holds.. currently around $15.90 if it doesn't hold the 30 day could get tested and thats currently around $14.. I'd be all over it at that price if it gets there..?
Comment by JFKFKJGKF on Oct 16, 2020 10:06am
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