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Lithium Americas Corp LAC


Primary Symbol: T.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 liljohnnyjokeon Aug 07, 2024 3:02pm
275 Views
Post# 36168023

Took my lumps on this one today

Took my lumps on this one todayIts done nothing but go down down down since the early April $5US financing news and there hasn't been one update NR since exept the Q1 nr, which the shorts used as a negative due to lack of income coming in from Thaker Pass mine LOL.
Virtually same pattern everyday, a little pop in the first few minutes then intraday shorting down the rest of the day. Likely by two big well known hedge funds envolved in the financing.
Maybe my selling at the bottom will help you out as there is now bound to be an NR with sp pop.
Without an NR this will continue to drift down, Q2 is due out soon.
With all of the mine development costs the need for another financing looms on the horizon this time at $2US or less so likely 150M share issue?
Seemed like a good story but mine opening 2027/28 just too far off.
Maybe if this drops below a buck at Xmas tax loss selling it might be a good short term pop play.
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