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Bullboard - Stock Discussion Forum 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... see more

TSX:LAC - Post Discussion

Lithium Americas Corp > Confidence???
View:
Post by Moemoney42 on Jan 10, 2023 12:42pm

Confidence???

It sounds like management feels they have a winning case.. I tend to agree.. IMO..


2023-01-06 09:08 ET - News Release

 

Mr. Jonathan Evans reports

LITHIUM AMERICAS PROVIDES UPDATE FOLLOWING HEARING ON THE THACKER PASS RECORD OF DECISION APPEAL

Lithium Americas Corp. has provided an update following a hearing held by the U.S. District Court, District of Nevada, on Jan. 5, 2023, for the appeal of the issuance of the record of decision for the Thacker Pass lithium project, located in Humboldt county, Nevada.

During the hearing, the plaintiffs, the U.S. Bureau of Land Management (BLM) and the company addressed final questions following the submission of briefings in August, 2022. The federal court reaffirmed no additional hearings or briefings are required and expects to issue a decision in the next couple months.

"Yesterday's hearing provided an opportunity to reaffirm our confidence that the permitting process for Thacker Pass was conducted thoroughly and responsibly," commented Jonathan Evans, president and chief executive officer. "As we continue to prepare for construction, we will look to finalize key supply agreements and partnerships that can help to secure America's clean energy future by providing responsible and domestically produced lithium."

Comment by Moemoney42 on Jan 14, 2023 10:23pm
I wouldn't be surprised to see a $5 - $10/share spike in share price when the judge rules in favor of LAC in a couple months.. ;-)  That's my opinion FWIW.. ;-)
Comment by stockfy on Jan 24, 2023 12:11pm
The price of lithium carbonate has skyrocketed over the last couple of years, so extreme caution is required with LAC. If it corrects, LAC will drop or underperform.
Comment by stockfy on Jan 24, 2023 12:12pm
Basically, this applies to all the lithium names. Caution because they are commodity stocks, so they are dependent on the price of the underlying commodity.
Comment by vladmalikov on Jan 25, 2023 9:28am
This post has been removed in accordance with Community Policy
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