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LIthium Americas Corp (LAC) - Room To Run Or Getting late?

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  • Mar 14th, 2024 9:47 am
Deal Fanatic
Jul 12, 2008
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LIthium Americas Corp (LAC) - Room To Run Or Getting late?

Trades on both the TSX and NYSE, has been running up since it was first mentioned here a few months ago.

“ Both projects are expected to provide battery-quality lithium carbonate for the electric-vehicle industry. While progress on the permitting process is welcome news, investors should realize that investments in this company should remain in the speculative portion of their portfolios.”

https://www.fool.com/amp/investing/2021 ... red-today/

Any thoughts on this stock, this can be a thread for it
124 replies
Deal Fanatic
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Dec 16, 2015
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Distance: 50 Metres
Buy buy buy
To the moon
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Feb 11, 2009
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Haha I bought into this several years ago, and last at around $3...had a $5ACB and sold at $14.XX late last year...

After Tesla, selling this is one of my bigger regrets...had a huge position.

That being said, avoid the fomo, it can come down crashing as it has in the past
Realtor (Investment Properties) - CPA, CA
Deal Fanatic
May 22, 2003
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My general thought is, by the time everyone is talking about it, you're too late to the party.
Deal Fanatic
May 22, 2003
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So am I reading this right? On RBC DI, it's showing the financials with ZERO revenue for the last 4 quarters????!!!
Sr. Member
Mar 28, 2017
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notenoughsleep wrote: So am I reading this right? On RBC DI, it's showing the financials with ZERO revenue for the last 4 quarters????!!!
Only boomers company have revenue. This stock is gonna moon when they have negative revenue.
Deal Fanatic
Jul 12, 2008
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notenoughsleep wrote: So am I reading this right? On RBC DI, it's showing the financials with ZERO revenue for the last 4 quarters????!!!
It’s 2 main revenue streams are supposed to come online at the end of this year and next year.
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May 22, 2003
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badmus wrote: It’s 2 main revenue streams are supposed to come online at the end of this year and next year.
Haven't read company reports, do they at least have an estimate on how much revenue they anticipate on receiving?
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Jul 12, 2008
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notenoughsleep wrote: Haven't read company reports, do they at least have an estimate on how much revenue they anticipate on receiving?
The Argentinian mine has a present value of about $2 billion and the Thacker pass one has a current value of about $2.6 billion.

Lithium prices are supposed to go higher though as EVs become popular and names like this one are running ahead of themselves.
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May 22, 2003
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badmus wrote: The Argentinian mine has a present value of about $2 billion and the Thacker pass one has a current value of about $2.6 billion.

Lithium prices are supposed to go higher though as EVs become popular and names like this one are running ahead of themselves.
Thanks for the info. Took a small flyer position in this and will do a little more research before adding more.
Deal Addict
Dec 26, 2008
1197 posts
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Fwiw ... Actuary 20 said that if this stock doesn’t go to 40 cdn, he will admit himself a failure of an investor.

Listening to his picks since nov would have given you 100-300 percent on avg.
Last edited by Shoppersbeermart on Jan 20th, 2021 3:17 pm, edited 1 time in total.
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Jul 12, 2008
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The CEO was just on BNN for a quick chat, the Thacker Pass location will take 2 years from whenever they start construction this year.

They have a lot of cash and are still looking for partnerships but he says Lithium demand will be high as EVs increase in usage and Musk has stated that they want to get Lithium from Nevada which is where Thacker Pass is located.

If I find a link I will post or someone else can do it.
Deal Expert
Oct 7, 2010
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badmus wrote: The CEO was just on BNN for a quick chat, the Thacker Pass location will take 2 years from whenever they start construction this year.

They have a lot of cash and are still looking for partnerships but he says Lithium demand will be high as EVs increase in usage and Musk has stated that they want to get Lithium from Nevada which is where Thacker Pass is located.

If I find a link I will post or someone else can do it.
A lot of producers are there. How do you know they will be the one supplying?
Deal Guru
Feb 4, 2015
10332 posts
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Canada, Eh!!
Back into LAC with May calls
2022/3: BOC raised 10 times and MCAP raised its prime next day.
2017,2018: BOC raised rates 5 times and MCAP raised its prime next day each time.
2020: BOC dropped rates 3 times and MCAP waited to drop its prime to include all 3 drops.
Deal Fanatic
Jul 12, 2008
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spike1128 wrote: A lot of producers are there. How do you know they will be the one supplying?
They may or may not be, either way the market doesn’t have enough supply going forward for the expected demand from the EV industry.
Deal Addict
Apr 13, 2006
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i have too much money in LAC ... hoping for some news
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