RE:Lithium Americas Announces Inauguration of pilot plantYep , looks like my source was right on again , he just told me yesterday something was about to happen , (if you saw my post yesterday).
I will have to keep in closer contact with him from now on.
He's buying big time as well.
I think we're at a point where they almost have to release info now as it progresses , it's just sad that great news releases move the share price so little now though.
but I guess with a few years of great news , and steadily declining share price , most investors are very wary of LAC now.
Still we're at a point where it's DO or DIE for LAC , I'm confident it will be DO , I think POSCO wont walk away from the third largest brine in the world.
POSCO walked away from Li3's project in Chile due to problems with government , but here in Argentina , it is looking like the government is backing this 100% .
If you look at intrinsic values (POSCO involvement , mill , proven resources , money spent , etc.) , LAC SHOULD be worth 3 0r 4 times what WLC is , but so far , we're still at less than half their share price.
I'm hoping that will change soon.