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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 Coffeeinvestingon Oct 02, 2020 5:07pm
424 Views
Post# 31661660

RE:RE:RE:Exciting times for Lithium stock holders

RE:RE:RE:Exciting times for Lithium stock holders

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 when the market is hyped over Tesla. The time to sell is when prices spike again, which is projected in 2022 / 2023 when there will be a real supply demand deficit. In that time frame, there will be many more EV models and price points as well, with LAC producing 50k lithium, with probably upgrades in capacity on the horizon.

I have been following LAC since $3 and have enjoyed the ride. History repeats itself. Good luck.

Bullboard Posts