Frontier Lithium Inc V.FL

Lithium Americas up Another $2 to $42+

[lithomon]

Maintaining approximately 40X the Price of Frontier Lithium.

Can recall when Lithium Americas was around $1.50 to $2.00

Therefore, anticipate Frontier to make incremental gains as key development announcements progress.

[sfct1978]

Lithomon - I truly appreciate your posts and enjoy your insight.  I am as bullish as anyone on FL and expect (more) HUGE gains, but shouldn't we be comparing market caps and not stock price?  LAC cap is still 20x more than FL's...but aren't they further along?  However, I'm confident FL has the higher grade and cleaner product...

[YCBASMG]

sfct1978 I was thinking the same thing and you are correct as LAC has 119.9 million shares outstanding while Frontier has 195.5 million.  If Frontier were trading at the same current market cap as LAC ($3.9 billion) its stock price would be about $20.  Clearly, Frontier is not as far along as LAC, but this shows where it could go longer term as things progress and this doesn't

[MimieMaumie]

YCBASMG Announcement made: November 3rd 2017: "Lithium Americas Corp - Board determined consolidation will be effected on basis of 1 new common share for every 5 currently outstanding common shares Source ..."

[MimieMaumie]

YCBASMG: I read a public annoucement made in November 3, 2017 that Lithium Americas was giving notice of a  5/1 share consolidation...

[YCBASMG]

I'm not sure what LAC did in 2017.  All I did was look at the current share count from their last quarterly statement which shows they have 119.9 million shares outstanding. I multipled that by their share price of about $32 (Friday's close) and  got a market cap of $3.8 billion.  For Frontier to have the same market cap with 195.5 shares outstanding its share price