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Bullboard - Stock Discussion Forum
Lithium Americas Corp
LAC
Primary Symbol:
T.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.
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TSX:LAC - Post Discussion
Lithium Americas Corp
> LAC is sinking faster than an RV on the Black Rock playa.
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•••
bogfit
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Post by
bogfit
on Jan 09, 2024 3:17pm
LAC is sinking faster than an RV on the Black Rock playa.
"
Prices for lithium in the world’s top consumer and producer China are
down 85%
from records in November 2022 when supplies started to ramp up and demand slowed."
CME’s lithium contract volumes thrive after price slump | Kitco News
Those drawing a salary for building the mine can just move on to another "project" when investor funds run out.
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1condor
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Comment by
1condor
on Jan 09, 2024 4:05pm
Here comes the 7's and of course new 52 week lows. Shorts are having a good time with this one.
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