Bullboard - Stock Discussion Forum 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... see more

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Lithium Americas Corp > Down another 5%

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Post by MightyPoPo on Dec 22, 2022 12:14pm

Down another 5%

What the heck is going on? Tax loss selling? Some not liking the Arena deal? Concerns about Thacker Pass? Would like to add some more but not liking the direction this stock is going.

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Comment by Moemoney42 on Dec 23, 2022 1:22pm

The weakness appears to be sector wide and I don't think its LAC specific.. even the existing producers with great returns are selling off.. tax loss selling could be part of the weakness..?? There's a number of soon to be released details for LAC which could be playing havoc as well.. being a betting man.. I'd be rather compelled to add here.. that's just my opinion.. not to be ...more

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Comment by Vesta63 on Dec 29, 2022 9:27am

Agree with you Moe. It is tax loss season, combined with low trading volume. Stock prices always take a hit in December. The New Year will bring heavier volume and rebound in sp. It truly is a good time to add at these prices!! GLTA

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Comment by Vesta63 on Dec 29, 2022 9:30am

Just my opinion as well.. use your own DD.

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Comment by Moemoney42 on Dec 29, 2022 11:03am

Agreed Vesta.. yesterday was a great opportunity to take advantage of that last day of tax loss selling.. I've used that day in the past on various stock buys and have done reasonably well with those buys everytime.. Happy New Year to you.. all the best in 2023..!

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Lithium Americas Corp