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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) northwest of Winnemucca, in Humboldt County, northern Nevada. Its subsidiaries include RheoMinerals Inc., KV project LLC, and 1339480 B.C. Ltd.


TSX:LAC - Post by User

Bullboard Posts
Comment by humblebayon Jan 21, 2015 1:39pm
99 Views
Post# 23344679

RE:RE:any idea

RE:RE:any idea posco walk away? i don't think so. they spend 25m + on this project so far how would they easily walk away? unless they prove their techonology is useless to Lac's property the rest then is all about negotiation. Let's just hope they are not getting too greedy when they negotiate with POSCO. they actually don't have too many leverages. 

back to trading. who will sell here?? we see a constant seller from UBS. we don't know how many shares they are trying to unload. it shouldn't be on of our insiders which means they should have less than 15m shares in hand. I would guess it's some resource fund that face margin calls have to sell it here.


Bullboard Posts