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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 LACLOLon Aug 31, 2015 9:37am
131 Views
Post# 24064601

RE:RE:RE:the new after-merger company stocks structure

RE:RE:RE:the new after-merger company stocks structureAll your numbers aside for now , what really drives a stock in a position like this is market sentiment , I mean just look , news like this would have doubled or tripled the price of many other junior mining companies , but LAC has performed so poorly , for so long , and has dissapointed so many investors to date , that people just won't touch it  now at any price.

Mostly due to poor management inb my opinion.

Once the merger happens (assuming it does) , and the old management is put out to pasture , and the LAC ticker symbol is done away with , people will eventually forget about the old LAC and focus on WLC , we may find more willing buyers once again , hopefully driving share price up.

I don't really think any of the numbers are relevant yet , it all depends on the outcome of POSCOs decision and the merger , it's only optimistic buyers that drive share price up , and LAC doesn't have many of those anymore , but that could change soon.
Bullboard Posts