Urging my fellow eCobalt shareholders to vote NO!

Hello everyone. My name is Cory Groshek and I normally do my posting about my stocks and stocks I'm interested in on Twitter (@CoryGroshek), but I am here today, as an eCobalt shareholder, to encourage my fellow shareholders to vote NO to this horrible, one-sided, and legally-dubious merger with Jervois, for reasons that I clearly lay out in a post on my new energy news site here:

I urge all of my fellow eCobalt shareholders to vote NO to a merger with Jervois Mining!

Lithium X Responds to Share Price Drop Caused by Its Buyer, NextView's Default on Its Payment Obligations to Bacanora Minerals

LINK: https://www.juniorminingnetwork.com/junior-miner-news/press-releases/1832-tsx-venture/lix/43106-lithium-x-energy-update-on-completion-of-plan-of-arrangement-with-nextview.html

Bloomberg: Giustra-Backed Lithium X Plunges on Doubts About Chinese Buyer

LINK: https://www.bloomberg.com/news/articles/2018-02-28/giustra-backed-lithium-x-plunges-on-doubts-about-chinese-buyer

Lithium X's Buyer, NextView Capital, "Fails" To Send Proceeds Of Bacanora Minerals Placing

LINK: http://www.iii.co.uk/alliance-news/1519825442573704500-3/nextview-capital-fails-to-send-proceeds-of-bacanora-minerals-placing-alliss-

If you guys are looking to diversify, regardless of which country you do your trading in, I wanted to let you know that I've published a lithium explorers/miners reference book, The New Energy Almanac: Lithium Edition, which contains all 200+ publicly traded lithium companies on the planet.

If you guys are interested, you can check out Kindle version at https://www.ManifestationMachine.com/Lithium or PDF version at https://www.ManifestationMachine.com/shop.

If you do decide to pick up a copy (or ten), I thank you in advance for your support! You won't regret it, as the book does 90% of your due diligence in locating companies for you!

Major insider buying at Lithium Americas reported for Jan 30, 2018: Director George R. Ireland acquired 46,719 shares of Lithium Americas stock at an average cost of C$6.76 ($5.44 USD) per share, with a total value of C$315,820.44.

Aaaaaand it's official! Lithium Americas is now the first-ever PURE PLAY lithium miner/explorer on a MAJOR American Stock Exchange! Congrats, everyone!

Breaking News: Lithium Americas raised to "Speculative Buy" from "Hold" by Canaccord Genuity and to "Outperform" from "Sector Perform" by National Bank! (per Baystreet.ca).

Lithium Americas is generating income through RheoMinerals. Accordingly, they are one of the ONLY as-yet-non-producing lithium juniors to have any revenue coming in. http://lithiumamericas.com/companies/rheominerals/

If you were part of FB Lithium Lovers Community, you guys would know exactly what was happening in the lithium sector today, not only with regards to Lithium Americas, but ALL lithium stocks! I suggest you join at your earliest convenience! https://www.facebook.com/WeLoveLithium/

You don't lose money until you sell. #LessonsLearned

"Oversupply" is a myth. 95% of auto makers and battery producers STILL don't have off-take agreements w/ lithium miners or a stable source of the metal secured to go forward. The people publishing these b.s. "lithium glut" articles are SHORT all things lithium and benefit from the ignorance of unsophisticated investors, such as the Lithium Americas shareholders who sold today out of fear. DO NOT PANIC.

Critical Battery Metals hedge fund launched by Westbeck! Over 75% of the portfolio will be invested in companies that are focused on exploring and producing lithium, cobalt, nickel, copper, rare earths and graphite. The firm said the majority of investment opportunities will come from projects that need financing in the Canadian and Australian small and mid-cap markets.

https://www.investmentweek.co.uk/investment-week/news/3024289/westbeck-to-launch-electric-metals-fund-in-move-to-capture-long-term-trend

The whole lithium sector is red today. The hit Lithium Americas has taken today has little to do with anything having to do with them individually and much to do with this malicious myth being propagated online by entities that are short lithium companies worldwide, which is falsely claiming that there will be a lithium supply glut/oversupply because of the recent news about Corfo and SQM reaching a deal, Orocobre doing Phase 2 development, and three Australian miners (Altura, Pilbara, and Tawana) coming online this year. THERE IS NO OVERSUPPLY. The vast majority of battery and auto makers have NOT signed off-take agreements with ANYONE yet, and don't even get me started on how the Power/Energy Storage sector's need for lithium hasn't even been accounted for yet.

Dr Badman, I agree that 12-13 is essentially a given once the NYSE listing comes, that 15 is likely, and that with some pumping by the talking heads on TV that this could hit 20, which would result in a pullback shortly thereafter to the 15-16 range.

Idk about renewed interest, but my Etrade account now shows I have the old LACDF ticker back and the value of my now-LACDF shows shows as $0! I saw that and my heart skipped a damn beat! Why the hell would LAC not TELL any of us about this change, if they were going to change the ticker back to the LACDF? I just send an angry message to E-trade and it may have been for nothing.

My friends, do not invest in Piedmont Lithium (OTC: PLLLY | ASX: PLL)!

See my tweets at Joe Lowry of Global Lithium here about the Australian company that says it plans to mine at the Piedmont Lithium Project in North Carolina, USA: https://twitter.com/CoryGroshek/status/935701575657500672

The CEO, "Keith Phillips" is the same William Keith Phillips fined $80K and suspended by the SEC in 2010 for aiding and abetting violations of the law by Morgan Stanley, having to do with misleading investors relative to the qualifications of the advisers he recommended to them (which turned out to be just one person, instead of the three requited, in a major conflict of interest).

Worse, we possibly have a coordinated Pump and Dump w/ ticker PLLLY going on here, with RK Equity's Howard Keith, known as LithiumIonBull on Twitter, being paid to promote Piedmont stock (he admitted this to me on the phone, as he was trying to get me to buy some of the company's ADRs, which just got onto the OTC markets), which, by the way, dropped from a high of $19 on 11/7/17 all the way to what is now only $14.

The company only has some "drilling results", but has not mentioned any plans to build a mine or a lithium processing plant of their own, and the CEO ("Keith Phillips"), as told to me by Howard Keith, was talked into taking the CEO gig by Howard Keith himself, despite Keith Phillips having ZERO mining experience and ZERO knowledge of lithium until 3 months ago.

I have reported Howard Keith to the SEC. I would advise you to stay as far away from Piedmont Lithium as possible at this time.

My friends, do not invest in Piedmont Lithium (OTC: PLLLY | ASX: PLL)!

See my tweets at Joe Lowry of Global Lithium here about the Australian company that says it plans to mine at the Piedmont Lithium Project in North Carolina, USA: https://twitter.com/CoryGroshek/status/935701575657500672

The CEO, "Keith Phillips" is the same William Keith Phillips fined $80K and suspended by the SEC in 2010 for aiding and abetting violations of the law by Morgan Stanley, having to do with misleading investors relative to the qualifications of the advisers he recommended to them (which turned out to be just one person, instead of the three requited, in a major conflict of interest).

Worse, we possibly have a coordinated Pump and Dump w/ ticker PLLLY going on here, with RK Equity's Howard Keith, known as LithiumIonBull on Twitter, being paid to promote Piedmont stock (he admitted this to me on the phone, as he was trying to get me to buy some of the company's ADRs, which just got onto the OTC markets), which, by the way, dropped from a high of $19 on 11/7/17 all the way to what is now only $14.

The company only has some "drilling results", but has not mentioned any plans to build a mine or a lithium processing plant of their own, and the CEO ("Keith Phillips"), as told to me by Howard Keith, was talked into taking the CEO gig by Howard Keith himself, despite Keith Phillips having ZERO mining experience and ZERO knowledge of lithium until 3 months ago.

I have reported Howard Keith to the SEC. I would advise you to stay as far away from Piedmont Lithium as possible at this time.

Great site for weekly Lithium News rundown: TheLithiumSpot.com

Check it out! And follow them on Twitter and Facebook, too! A wealth of useful info!

Great site for weekly Lithium News rundown: TheLithiumSpot.com

Check it out! And follow them on Twitter and Facebook, too! A wealth of useful info!

But you know what? They still have my cost-basis/lots all screwed up! This is NOT a good brokerage, you guys! I've now had to e-mail them for about the 8th time in a week.

I finally got my 17,375 shares of LACDD (converted from 86,877 shares of LACDF) 2day from ETrade! Took long enough!

Why is it only E-trade with this problem? That's what I want to know. This is a recurring theme here, w/ stock splits, consolidations, and mergers/acquisitions w/ this brokerage.

IL Padrino, I was told the same thing last week.

Same here, lilqueenie. You and I are in the same boat. But don't worry! This thing will continue to sky-rocket. Downside is almost non-existent, from what I've observed, and I've been in here since 2015.

DCIX surge cannot compare LACDD's, because DCIX's was the result of a 1-for-3 reverse stock split (consolidation) in September and another 1-for-7 in November, which DCIX clearly did simply to keep themselves from getting delisted from the NASDAQ. See here: https://seekingalpha.com/article/4121037-diana-containerships-short-squeeze-look

Delisting

DCIX received a notice from Nasdaq on July 31st indicating

that the company is no longer in compliance with the continued listing requirement under Nasdaq Listing Rule 5450 (B)(1)(C) because the market value of publicly held shares ("MVPHS") was below $5,000,000 for 30 consecutive business days.
DCIX had 180 days from the notice date to cure this issue.

Pursuant to Nasdaq Listing Rule 5810 (C)(3)(D), the applicable grace period to regain compliance is 180 calendar days, or until January 29, 2018. The company can cure this deficiency if the company's MVPHS closes at $5,000,000 or more for at least ten consecutive business days during the grace period.

The DCIX situation is very much not the same thing as what LACDD did here, because LACDD did a 1-for-5 reverse stock split (consolidation) for the explicit and expressed purpose of making its debut on the NYSE. Plus, DCIX is a shipping company and LACDD is a pure-play lithium miner and the first of its kind to (hopefully) be listed on the NYSE any day now! LACDD has potential and upside that DCIX will never and COULD never have.

After DCIX's split, it's important to note that they have less than a million shares outstanding, whereas LACDD has over 88 million currently outstanding.

Glad to be here, Dr Badman. You are 100% correct about this being a big, bad, monster of a future lithium major. Biggest lithium reserves in the world right now, completely untapped!

Reverse split (consolidation) first, then stock split later?

Anybody here who is concerned about ending up with 1/5 of the number of shares they're long on now, keep in mind that this is just the beginning. So what if you have, say, 500 shares and they become 100 shares, with each new share valued at 5x what your old, individual shares were worth?

Imagine what happens if your new shares, valued at something like $7.70 USD to start off with, sky-rocket to $40, at which point the company then does a 2-for-1 split, giving you twice as many shares, valued at, say, $20 apiece...and then let's say those split shares sky-rocket back to $40 or even $50, $80, $100, $150, just before another 2-for-1 split. Rinse and repeat. You get the picture. $$$$$$$$$$

What is your point, Kekszes?

PILBF's CEO's 'fortuitous' leap from iron to lithium

Ken Brinsden did not have to travel very far to be at the forefront of Western Australia's emergent lithium industry.

As chief executive of Pilbara Minerals, Brinsden is in charge of bringing the large Pilgangoora lithium deposit in Western Australia's Pilbara region into production.

But in an unusual coincidence, Pilgangoora is flanked by two of the iron ore mines that were under his watch in his previous role as managing director of Atlas Iron.

"I pinched myself actually when I first started travelling up with Pilbara and, standing on the top of the hill at Pilgangoora, I could see Abydos and I could see Wodgina," Brinsden tells AFR Weekend.

Read more: http://www.afr.com/business/mining/ken-brinsdens-incredibly-fortuitous-leap-from-iron-ore-to-lithium-20171031-gzbrbw#ixzz4xajt0UNo

JimboSliced, your share numbers were reduced because Western Lithium bought out Lithium Americas and then changed its name to Lithium Americas. You only got a certain number of the new, bigger company's shares for each share of the original Lithium Americas you owned.

See here for the merger announcement dated 06/30/2015: http://www.marketwired.com/press-release/western-lithium-lithium-americas-announce-merger-consolidating-strategic-lithium-deposits-tsx-wlc-2034447.htm

From the above: "Pursuant to the Arrangement Agreement, all of the Lithium Americas issued and outstanding common shares will be exchanged on the basis of one share of Lithium Americas for 0.789 of a common share of Western Lithium (the "Exchange Ratio")."

Tesla Reaches Deal for Shanghai Facility, WSJ Reports

This is big, big, BIG news for the whole lithium industry, boys and girls! BETTER BUCKLE UP!

Article: https://www.bloomberg.com/news/articles/2017-10-22/tesla-shanghai-reach-deal-on-wholly-owned-facility-wsj-says

Tesla Inc. has reached an agreement with the Shanghai government to set up its own manufacturing facility in the city, the Wall Street Journal reported Sunday, citing people briefed on the plan.

The Palo Alto, California-based carmaker is working with the local government on the timing and details of an announcement, the people told the newspaper. The deal, which without a local partner likely won’t negate China’s 25 percent import tax, will still allow Tesla to reduce its production costs drastically, according to the report.

Tesla in June confirmed it was working with the Shanghai government to explore local manufacturing in China after Bloomberg News reported that the car-maker was close to a preliminary agreement to produce vehicles there for the first time. The electric-car maker led by Elon Musk said at the time that it planned to define its plans more clearly by the end of the year.

Tesla Reaches Deal for Shanghai Facility, WSJ Reports

This is big, big, BIG news for the whole lithium industry, boys and girls! BETTER BUCKLE UP!

Article: https://www.bloomberg.com/news/articles/2017-10-22/tesla-shanghai-reach-deal-on-wholly-owned-facility-wsj-says

Tesla Inc. has reached an agreement with the Shanghai government to set up its own manufacturing facility in the city, the Wall Street Journal reported Sunday, citing people briefed on the plan.

The Palo Alto, California-based carmaker is working with the local government on the timing and details of an announcement, the people told the newspaper. The deal, which without a local partner likely won’t negate China’s 25 percent import tax, will still allow Tesla to reduce its production costs drastically, according to the report.

Tesla in June confirmed it was working with the Shanghai government to explore local manufacturing in China after Bloomberg News reported that the car-maker was close to a preliminary agreement to produce vehicles there for the first time. The electric-car maker led by Elon Musk said at the time that it planned to define its plans more clearly by the end of the year.

Don't play the penny game, RenixWaters; play the dollar game. This is how OTC stocks go. There is going to be a lot of volatility--lots of $0.10-$0.20 swings--until this thing gets listed on NASDAQ after hitting $4USD and staying there. And even then, there will be a lot of volatility, because lithium is an emerging and soon-to-be-booming market. Just stay calm and stay patient; this is a pure lithium play which is ALREADY PRODUCING product, and I am quite sure that some big de-risking events as off-take agreements will be announced in the very near future. LACDF and PILBF already have some, as does ALTAF, and GALXY is sure to get some interest soon, especially with its Sal da Vida in Argentina and James Bay in British Columbia (Canada) plans providing a lot of growth potential.

LG Chem to Open European Lithium-ion Battery Factory

Article: https://investingnews.com/daily/resource-investing/energy-investing/lithium-investing/lg-chem-lithium-ion-battery-factory-europe/

To keep up with surging demand for electric cars, LG Chem (KRX:051910) will invest $1.63 billion to open the biggest lithium-ion battery factory in Europe.

The company said in a statement on Thursday (October 12) that starting in 2018 it plans to produce up to 100,000 batteries annually in Wroclaw, Poland. The decision comes as automakers continue to announce that they will electrify most of their models by the end of the decade.

Most recently, BMW (ETR:BMW), Mercedes-Benz, Audi (FWB:NUS) and Jaguar Land Rover all promised that their fleets will offer electric options for every model by no later than 2025. Collectively they are investing billions of dollars in a bid to catch up with Tesla (NASDAQ:TSLA).

“The company has chosen Poland as the most competitive location for production to satisfy the needs of European and global car producers,” said Chang-Beom Kang, vice president at LG Chem.

China currently leads in the production of electric vehicle batteries, but car manufacturers have been calling for Europe to start producing these batteries in order to remain competitive. LG Chem’s factory will make batteries suitable for electric cars produced by top car companies.

“We need production in Europe for vehicles of the future, or we put all Europe at risk,” Roberto Vavassori, president of the European Association of Automotive Suppliers, recently commented.

LG Chem said the raw materials for the batteries, including lithium, will at first be imported from its parent company in Korea, and then hopefully sourced from local suppliers.

Oil giant Shell bets big on electric cars

THIS IS A BIG DEAL RIGHT HERE, EVERYONE. PAY ATTENTION.

Article: http://money.cnn.com/2017/10/12/investing/shell-oil-buys-electric-car-charging/index.html?iid=hp-stack-dom

Royal Dutch Shell (RDSA) revealed a deal on Thursday to acquire NewMotion, one of Europe's largest electric vehicle charging providers. NewMotion specializes in converting parking spots into electric charging stations. The Dutch firm has more than 30,000 electric charge points in Europe.

The acquisition, Shell's first in this space, shows how Big Oil is being forced to confront the long-term threat posed by electric cars and efforts to phase out gasoline and diesel vehicles.
Powered by SmartAsset.com

"This is a way of broadening our offer as we move through the energy transition," Matthew Tipper, Shell's vice president of new fuels, told CNNMoney in an interview. "It's certainly a form of diversification."

Lithium Americas: The Hype is Real (new article)

Link: https://thelithiumspot.com/2017/10/06/lithium-americas-the-hype-is-real/

Lithium Americas is one of the more followed potential new entrants to the lithium industry. Over the last couple of months, the stock has been on a wild ride, rising over 100%, and now pulling back 20% from the highs. While we were hoping to get this analysis out when the stock pulled back to the C$1.04 level in late August, we still believe the company has tremendous value potential going forward from these levels. Below, we present our thoughts on the company and how we believe the market is pricing everything in.

Company Overview

Lithium Americas is a Canadian company focused on two potential lithium projects: the Cauchari-Olaroz project in Argentina, which they are developing in conjunction with SQM, and the Lithium Nevada project in Nevada, USA. Additionally, their organoclay plant in Nevada produces organoclay products for sale to the oil and gas and other industries. However, the organoclay business is small, and the company has yet to generate meaningful revenue. As such, we will focus our analysis on their most advanced stage lithium project, specifically the Cauchari-Olaroz project.

CONFIRMED: GALXF in discussions with multiple battery suppliers

Link: https://www.ft.com/content/e8cd6f8f-d4a4-39a9-a403-c18048a6b6e5

The company said in a stock exchange filing that it was “engaged in discussions with a number of parties in the battery supply chain, including Panasonic” but said the discussions were “at this stage informal”. Galaxy added it was in discussions with car manufacturers over the long-term supply of lithium, but said these talks were also at the informal stage.

Despite GALXF saying no deal with Panasonic yet, the fact is they have now confirmed that they ARE, as part of their routine business, engaged in "informal" talks with a number of battery suppliers, INCLUDING Panasonic. If anything, this is even better news than a deal w/ Panasonic on its own. The more supplier's money, the merrier!

Galaxy Resources Denies Signing Lithium Deal With Panasonic

LINK: http://www.barrons.com/articles/galaxy-resources-denies-signing-lithium-deal-with-panasonic-1507091375

Galaxy Resources (GXY.AU) said it is in talks with Tesla (TSLA) battery supplier Panasonic (6752.JP) regarding the supply of lithium but has denied signing any agreement.

In response to an ASX query regarding a report in the Australian Financial Review the Australian miner said:

The facts in the article set out in your letter and referred to above are not factually correct. Galaxy is uniquely positioned in the global lithium market and is currently engaged in discussions with a number of parties in the battery supply chain, including Panasonic, as part of its normal business, however these discussions are at this stage informal. The Company is also in confidential discussions with car manufacturers in respect of the long-term supply of lithium but these discussions are also at this stage informal.

The Company will make an announcement on ASX if these various discussions are completed. At this point in time, no agreements have been signed.