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Lithium Americas Corp T.LAC

Alternate Symbol(s):  LAC

Metals & Mining Industrial Metals & Minerals Battery metals
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

Lithium Americas Corp > WOW
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Comment by Moemoney42on Feb 10, 2021 3:56pm
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Post# 32528670

RE:RE:RE:WOW

RE:RE:RE:WOW
Coffeeinvesting wrote: Tesla is down, therefore it seems like Lithium stocks are down. I wonder if there is a correlation

Could be the catalyst..? Saw Mary Barra on BNN today talking about their sales and move to EV's and John mentioned that GM's need for lithium for GM's plans alone would soak up all the lithium currently being produced world wide... so.. add in all the other car companies moving into the EV sector and gov'ts pushing the plan these lithium stocks, expecially ones so close to production like LAC are going to command a premium to those who are years out with requirments to get a mine into production.. that's my take on it.. and part of the reason I think we are seeing these huge price swings.. stop losses are getting whacked in my opinion by big money taking shares away from retail folks... ;-)
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