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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

Post by Moemoney42on Jan 28, 2021 12:44pm
347 Views
Post# 32410400

Concerted pull back

Concerted pull backIt seems that most lithium stocks have taken a step back.. oddly since Orocobre announced a scoping study for a stage 3 expansion recently.. to put things in perspective ORL's recent quarterly production is a meager 3727 tonnes... stage 2 is only 50% complete and won't be producing until 2nd half of 2022, stage 3 maybe by 2024-2025 so I'd say this sell off is WAY ovedone. 
LAC will be generating revenue by the end of 2021 and Thacker Pass is a gem in the making... I'd say the big money is playing games... taking profits, shorting for a better entry point for the next leg higher.. no way an expansion that far out should have an effect like it has on lithium plays.. unless many others are also planning expansions... which I haven't had a chance to review all them yet..?
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