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Lithia Motors Inc V.LAD


Primary Symbol: LAD

Lithia Motors, Inc. is a global automotive retailer. The Company is engaged in providing an array of products and services throughout the vehicle ownership lifecycle. The Company offers convenient experiences through its comprehensive network of physical locations, e-commerce platforms, captive finance solutions and other synergistic adjacencies. The Company operates through two segments: Vehicle Operations and Financing Operations. Its Vehicle Operations consist of all aspects of its auto merchandising and service operations, including its retail automotive, recreational vehicles, and motorcycle franchises that sell new vehicles, used vehicles, parts, repair and maintenance services, and vehicle finance and insurance products. Its Financing Operations segment provides financing to customers buying and leasing retail vehicles from its Vehicle Operations. The Company operates approximately 466 locations representing 52 brands across the United States, United Kingdom, and Canada.


NYSE:LAD - Post by User

Post by SPRITERon Feb 27, 2020 3:32pm
208 Views
Post# 30743125

Tailings Pond

Tailings PondI also had talked with Bob Thast about the tailings and he advised that the AU grade in the pond was very healthy ( I have forgotten the average grade he mentioned) and pretty evenly spread out and he was thinking to mine it so they could get some real cash to explore some high potential areas of the property. Peggy Witte, the previous owner before Thast, was going to do it also but lost control of the mine ( to Thast ) before she could arrange financing. Current management have other ideas, I guess, but I sure don't know what they are.
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