Lithium Americas Corp (LAAC)

[Mavi57]

Why would they buy OROCOBRE when they have 20% of the world Lithium reserve in the backyard and a company able to produce lithium hydroxide (What Tesla needs) in due time for the opening of the Gigafactory.
I think you just are pumping Orocobre and by the way I heard that the Trading Halt Session State is due to the fact that Orocobre will be nationalized by Argentina. That's what I heard!

here the exact and complete text....
2015-01-30 10:21 ET - News Release
Mr. James Calaway reports
OROCOBRE LIMITED ASX/TSX:ORL TRADING HALT
Orocobre Ltd. has requested that a trading halt be applied to all of its quoted securities pending release of an announcement in relation to a potential capital raising. The price and size of the potential capital raising are yet to be determined. The company has appointed Canaccord Genuity (Australia) Ltd. as lead manager. In accordance with the listing rules of the Australian Securities Exchange, the company requested that its ordinary shares be placed in preopen on the ASX pending an announcement regarding the potential capital raising. The ASX has granted such request, and unless the ASX subsequently decides otherwise, the company's ordinary shares will remain in preopen on the ASX until the earlier of the commencement of normal trading on Wednesday, Feb. 4, or when the announcement is released to the market. The company expects that the trading of its ordinary shares on the Toronto Stock Exchange will be temporarily halted during the same period.
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