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Why is this board so silent lately gentlemen?
If you haven't noticed it appears we have the most amount of normal people with decent perspective and no fucking cartoons or millennial day traders!!! I can barely look at Yahoo Board anymore
I have to say that after the past 4 years of research and DD in the lithium sector that the Tesla PLL deal caught me way off guard. Never heard anything serious or read any pertinent post or news about PLL prior to Tesla deal? Did anyone see that coming?
Don't listen to all the shit about lack of good PR from LAC during recent times(they have done everything they promised except pushed back production times a bit due to COVID delays). The rancher and BLM hearing is just a thorn in side for Thacker and a last ditch effort to cause delay.
LAC will partner or have a supply deal with a huge player before we reach any production and we saw what a deal or partnership will do to a SP when that day comes! You guys see how LAC is a top 50 shorted stock as of this week? Massif holding it down for April calls? Conspiracy: I feel the big hedges have agreements with all the other big fish in the pond to see what and what they will not fuck with. Massif calls Morgan and says hey we are shorting LAC so don't fuck with it and you guys can short LTHM and we wont fuck with you an then we buy it all at the bottom and make money going the other way! Us art dealers do this all the time at auction houses. We all get together at breakfast and see what each other wants and that way we don't fight against each other and bid prices up. Hey you get those 5 paintings but stay away from these and I am happy.
Can you imagine having the balls to short LAC at current SP right now if the playing field were equal?
Why does this stock have all the interest of lunatics on all the other boards??? That really has me curious
First off,,, I'm still here as an LAC ultra Long:)
NW2 in your spare time can you take a look at the chart comparison in the last month between PLL with LAC. Very similar looking?
3 years following boards and I just realized it has never helped me one bit! I dont want to say "SMART" people but the ones that have figured it out dont say a thing on boards (THEY DONT NEED TO and I dont blame them), they read but they dont talk. I thought we were ultimate doom and gloom yesterday and headed to $1.53 and we are at $3 again now that the stimulus plans are looking promising or some other bullshit? Just a joke that people can be taken to the brink because we have given a Flu a nasty name! Fuck the media for making this the Zombie effect. How long can you hold on when you dont practice Buffet principals and you fall from 6 to $1.92 when you think your primary business may fail from cash flow problems that will exist way past the bottom of the DOW. I guess that was the plan to begin with this whole Pandemic. Chase a guy out of office but at what expense. Good luck my old PALs but Fokker OUT. I hope it's the bottom. Breaking comes at all levels just wish I could have held out for another 3-5 years. You go Lithium2!
After today looks like there will be more suicides in the financial district this week than Corona deaths. They should run that article!
Looks like your move payed off Tiko and I live vicariously through your success! One of these days I will learn to pick a TESLA like stock instead of an LAC type stock which I seem to pick much better and more often.
Why am I acting surprised its LAC and you have to get used to 40% or larger swings in a month with or without Corona virus:)
Anyone shorting anything accept LAC since this is such a scary time and this pandemic is so close to getting us all?
KSWEIS called this price movement over a month ago:)
Good Spot there KSWEIS and you must love his work as much as me!
Ole CLAY is a Bottom Feeder and is the closest thing out there that would represent a car salesman, attorney, stock broker & weatherman all wrapped up into one entity(CLAY TRADER). I guess he could still be a decent guy?
Great “Tulips” reference there KSW! You a history buff to:) Still enjoying my brief green period after waiting out 3 years of faith not knowing the simple stages of discovery to mining production and how that correlates to stock price movement; but after much DD in those infant years I feel now feel a little better lol. This is no disrespect to the time that the Western Lith investors have put in who had the foresight, perseverance and strength of Nostradamus, Maybe?#ultralong
I think its confirmed today that money is being shifted around by the institutions and back into Lithium. Look at your Lithium stocks around the board today. Tesla more than doubled in 6 months LOL
I noticed this today and then got even more curious when I saw something posted on another message board.
What is the correlation between OROCF & LAC the past few days?
One large fund accumulating 2 of their favorite lithium picks or something else? Anyone have more thoughts on this?
I'm sittin here smiling NW2!
Its 2020 so I guess our old "fortune teller" was right lol. I know Tiko is smiling as well almost back to even after this afternoon?
My thought is this is not retail money or manipulation but we could also be back at 2.75 US in a week so I am just going to enjoy the Green for a bit as it has been a long wait.
Ey now one of these days it could be the real breakout NW2,,, LOL
Nice to get a little chunk back this week and see green multiple days in a row (rare bird) even if it was just for a few days. Hey do you all remember last Christmas eve??? Lets see if we can hit 2.75 one more time before the big boys finally decide to get in pre-production.
This false breakout was totally staged again and it happens close to every 6-8 months with LAC and all you longs have experienced it with me. NW2 I did get a bit excited this week especially when I heard the optimism in your post:)
Check out Lifecycle of a mine (page 2 especially to see stock price cycle) Yes this is for gold but same principle used for Lithium mining.
http://www.usfunds.com/slideshows/lifecycle-of-a-mine/#.XfPFLOhKhPY
MdB1,
She also hit 2.76, 2.77, 2.78, 2.79 and 2.80 throughout the day and 2.81and even 2.82 aftermarket (and yes we all know it's the 52 week low). Give us a bit more so when I click on your post I'm not so underwhelmed that I clicked it:) you buying into the fear lately or you waiting for the drop to 2.00 before you add?
Give us a little feedback in those tantalizing posts:) I want something good outta you by Monday Mdb1. We are counting on you
Really good post Oso and I feel the exact way you do unfortunately with Angel on ones side of shoulder and devil on the other (Buy More, Sell, Hold, HOLD , HOLD Longer! I am highly concerned this will turn out like many of the other juniors that have been eaten up in the past 2 years. Oh it was actually John Kanellitsas Executive Vice Chairman 208.309.2728 who called me. He welcomed calls so I recommend that you give him a shout OSO as YOU would be able to talk much more technically with him than I could as I can see from you well written post (that is not my normal sarcastic tone either)! Seriously give him a call and report back on how the conversation went and the future looks. The running out of money before production would have been a great question! To be clear I was NOT pouring Koolaid just reporting:)
John K. called me today regarding a nasty email that I sent to IR and it was a very informative conversation and I felt like a teenager being gently calmed by the assistant principle (very nice guy):)
Key topics were:
Basically, market is not currently rational about Lithium. He did mention that there will be a reversal from oversupply in 2020 (especially Battery Grade Lith).
Institutional investors are staying on sidelines because they need returns immediately and not 6-8 months down the road, so they sit until production nears.
He explained how they don't play IR and social media games and throw wasted money at these tactics like most other failing juniors use.
We are 14 months out on production MBD1, and closer to 6 before we can hope to see SP move .
Don't quote me on this but, I think he said We are 8 times ebita and Thacker Pass isn't even in that equation yet.
LAC management have really always stood by what they say they are going to do since the Western days. They have always been pretty straight forward.
He also mentioned Ganfeng, ALB, SQM and LTHM having a pulse / turnaround lately!
LAC LONG
Have a great weekend!
Just as long as we don't have to hear from MDB1 (Captain Obvious) today telling us LAC is close to the 2's again, or diving or plunging, or headed back up to 12 after production begins:) You are like Nostradamus and I really enjoy the quality of your posts! IMO
All I have is humor and more patience today watching this baby go $3.18 - $2.97 and then repeating in the weeks to follow.
Well put KSWEIS!I just needed a little fluffing / rejuvenation so thanks:)
We still have to go through a mini recession soon so what am I even worried about?
Thanks TIKO and OSO (Good Stuff)!
So hard to keep the faith on this one! VERY HARD TO KEEP BUYING even below 3 while the market has currently forsaken energy and ALT. energy stocks.
3 years of pain with LAC (and a bad pain it has been) and it looks to get worse for LAC? 2021 is a long way out and lots of shit to go down before production is "estimated" to start. I cant even short the f!!@er in the US with either of my brokerages!
I still think they are doing a poor job of promoting / marketing LAC. NOT ENOUGH HYPE around LAC
I have to say the shorts have me doubting this one even after being a believer this long.
It appears there is FEAR that production will never commence?
How does a SP keep plummeting as you get closer to production?
You would think at SUB $3 people would jump on this train. I been buying from .80c to $7.50 but I did not plan on this going lower than pre revers split days and it has!
Oil is cheap at $54 a barrel and Lithium is cheap @ whatever spot price you want to go by in SEPT / OCT???
Point is Energy is cheap these days and economy is slowing???
Something is in the air!
Where did all that environmental talk go that was so popular in years past??? We need Al Gore on the LAC board!
At what point do the institutional boys come back to play as we approach production in 2021. 8 months out, 2 months out, when LAC actually produces???
I agree with you NW2 on that volume spike but LAC was already ominous looking before that! lol
This is not my writing but I think it is a great point on investing with LAC / WL
I agree, Steve. Nothing "of substance will happen here until LAC ships it's first ton of LiCO3". On the other hand, Steve, how is it that your prognostication is really anything new to anyone who has truly researched LAC in the first place? Everything between now and the event you refer to is simply smoke and mirrors..... so what? LAC is a potential producer only as of this moment in time, except for the very small amount of production that goes into the Nevada facility of LAC that produces an oil field lubricant. Now in regards to your temporal claim that "That's a long time down the road"... well, Steve, that depends on your definition of "a long time", doesn't it. For those who have been invested in LAC and in Western Lithium before that and all the way back to sub 30 cents a share it would seem that another 12 to 18 months is merely small potatoes in comparison to the decade or more they have already waited. "a lot can happen before then"... but in reality it won't. There will be false starts and many ups and downs but in actuality and over the long haul until production starts not much will change. So you have a choice. The same choice you had at 30 cents a share for Western Lithium: Stay or Sell. It is your decision. Some may have to sell due to some personal financial necessity, regardless of the fact that in the process they may take a loss. Others will be able to withstand the required wait till LAC goes into production... it is just one of those things that can happen with any investment, LAC or any other company. You pays your money and you takes your chances. Welcome to investing. My hope is that you stay. H2 2020 just really isn't that far away. Everything else is "smoke and mirrors". JMO I do understand your frustration. There are plenty here who share that frustration, but the reality remains, as you pointed out, nothing will happen until production starts.
Jamesly
You probably should stop looking at this thing for a few months if the stones are soft??? The powers at be know exactly how they are making you feel and its going to get worse at least one time as the greedy will want in cheap. Hey in a year or 2 you are either a border line genius for buying into something so early and having the balls to stay with it not letting the negative hype sway you!!!
OR
You could be in for another bad stock pic decision and all the bad shit that could happen to LAC up until production???
It sucks because I have no way of getting options to cover these long term losses.
NW2
Someone called it at another message board 2 nights ago.
Prime example of how this stock is being manipulated. Look back at how many jump and dumps we have seen. I am not sure this stock will ever be worth the pain it has caused me LOL! But I am in this BULL TRAP more than Buffet would advise!
PS! Tiko, NW2 and KSWEIS
I too found old Billy over at Yaho F board
He goes by Lithium2
This was a post from another ("DAY TRADE BASHER") whatever that really means??
@Lithium 2 "who are you lithium 2 , semi illiterate is all I know about you, explain your position before opening mouth, please. Or get nailed on a public forum like the rest of the Lackeys. 10minutes here makes my day, I can’t resist lowering the boom on fools wherever they pop up."
Same exact shi! he was saying over 2 years ago. My favorite is "dont get left behind with 2 plants and production around the corner blah blah blah! Wasted money getting in over 2 years early
On the other hand, seriously though if Billy was right he set us up a long time ago with the perfect stock??? We get to keep getting in cheaper and cheaper as long as LAC delivers on production in Arg.
If this turns out to be the old standard PUMP and DUMP (I have a full list if you don't follow closely Canadian Lithium Company I could see something turning out like the movie "Falling Down"
YOU all have to admit it is kind of funny how most oldies knew this was coming back down and you know in the back of your head your thinking 2.75. Well I am in if she hits 2.85:) GLTA
All shorties need to start getting worried as we close in on production,,, apparently your time is running out but no one has told you:)
Forget you ever read anything about MGX and MGX RENEW
This stock is not up 198%
Just look at the spreads on the bid ask prices and tiny volumes. No one is sniffing this POS.
Better off going to Vegas or Football bets this weekend!
Call MGX investor relations and ask them what Jared is up to these days:) All of those promises
You remember that commercial a few years back after the recession:
"If you have any loose or spare gold hanging around you can put it in this postage paid yellow envelope and I will send you back a check with fair market value."
Don't give your money away
Oil is cheap and so is lithium and apparently both in surplus???
Oil and alternative energies all been getting really beat up almost unbearably beat up at this point. Anyone see major shit going down soon? Tariffs today, then we will eaze back tomorrow market will come back a bit and it will start all over on thursday. Think he will give us a good weekend. Bears are eating my ass up for a long time. Convinced that Duke Alabama under was my ticket this weekend.
KSWEIS,
I like the support line but LAC is likely to fool us once again.
Anyone feel like they found this stock maybe 2 years too early:)
LOL
I love the comment below (from another message board about "STILL Overvalued" at 3.12 HAHAHA
fefefefe19 hours ago
Still a little bit overvalued, I am getting some more at 3.7 Cad
Reply11
WB
WB22 hours ago
I just picked up some more at $3.12. Do your own research but at this price LAC is a steal if you ask me. My supporting basis is listed below:
* Ganfeng just paid $160M for 12.5% of Minera Exar. LAC owns 50% of this combined Ganfeng/LAC joint venture. This purchase prices values LAC's share of Minera Exar at about $600M. With a LAC current market cap of $278M you are buying this stock at more than a 50% discount to what Ganfeng (one of the worlds largest Lithium producers) just paid back in April.
* I am aware of at least (6) research houses/investment banks that follow LAC. The average target price across these six firms is $9.12 (USD). The low target price is $4.50 and the high is $15. At current price levels that would mean an almost 200% return to get to the average target price.
* The Ganfeng transaction and most of the DCF models used by the analysts in their reports do not factor in or assume anything from the LAC Thacker Pass project and only assume 25MT's out of Cauchari. The LAC TP project will be a game changer for the industry. LAC will have an updated TP study out in the first half of 2020 that will significantly blow out the size of this resource. This project will have a huge NPV in this updated study.
* Demand for Lithium is growing significantly and prices can't go much lower without impacting production numbers. When LAC starts producing in late 2020 they will be one of the lowest cost producers in the industry. The Australian hard rock producers have final costs that run into the $6K-$8K per ton range. If Lithium costs go below $10K per ton these producers will not be able to make money and will cut down on production for sure. LAC's cost basis will be around $3K per ton or less.
* The LAC Cauchari project is extremely de-risked at this point and production is just around the cover. No additional financing is required.
I am going to continue to buy LAC at these depressed levels and will hold for at least a full year. I look forward to paying long term capital gain taxes on my windfall return in 2021 or beyond. Good luck everyone.
More
I like your thinking Tiko.
There are still big boys picking up shares this past quarter.
https://fintel.io/so/us/lac
Security LAC / Lithium Americas Corp.
Institution Van Eck Associates Corp
Shares 1,853,084
Value $ 7,472,000
Van Eck Associates Corp reports 67.84% increase in ownership of LAC / Lithium Americas Corp.
August 07, 2019 - Van Eck Associates Corp has filed a 13F-HR form disclosing ownership of 1,853,084 shares of Lithium Americas Corp. (NYSE:LAC) with total holdings valued at $7,472,000 USD as of June 30, 2019. Van Eck Associates Corp had filed a previous 13F-HR on May 13, 2019 disclosing 1,104,085 shares of Lithium Americas Corp. at a value of $4,185,000 USD. This represents a change in shares of 67.84 percent and a change in value of 78.54 percent during the quarter.
Van Eck Associates Corp reports 67.84% increase in ownership of LAC / Lithium Americas Corp.
13F Filings
The Security, Class, and CUSIP columns in the table below are shown exactly as filed by the investor. We do our best to track continuity of investments through acquisitions, and this will be reflected in the table as changes in names and CUSIPs. In addition to descriptive data, performance of the investment is shown over time. To calculate quarterly performance, we first calculate cost basis of the shares purchased during the quarter, then use that to calculate gross profit. Quarterly return is Gross Profit / Starting Portfolio value.
Note that cost basis is calculated and stored in thousands, so small quarterly changes in shares frequently result in a cost basis of zero. Upgrade to export Excel Premium Registration Required files.
NW2 thanks for the comparison of GANG and LAC charts!
I cant trade OPTIONs for LAC on my platforms. Anyone know something I dont?
ALB & SQM both so close to 52 week LOW
SQM released unimpressive Q2 results
Crazy NOT to be buying into Lithium right now.
HOW much lower will LAC, SQM, LTHM, ALB
NW2 Check out OAS and CPE:)
Aug
Trump Calls Auto Execs ‘Foolish’ Over Emission Rules
WRITTEN BY MOHIT OBEROI, CFA
Today, in a tweet, US President Donald Trump called automobile company executives “foolish.” While Ford and General Motors are in the green today, Tesla is trading with a negative bias.
Trump calls auto execs “foolish”
President Trump tweeted, “My proposal to the politically correct Automobile Companies would lower the average price of a car to consumers by more than $3000, while at the same time making the cars substantially safer. Engines would run smoother. Very little impact on the environment! Foolish executives!”
The president has had a rough relationship with automakers. Previously, he targeted Ford Motor Company (F) and General Motors (GM) for shifting production overseas. Tesla (TSLA) CEO Elon Musk was part of Trump’s economic advisory council. However, he quit after Trump pulled out of the Paris climate deal.
Background of Trump’s proposal
President Trump has sought to ease the emission standards that were set under Obama’s presidency. The Trump administration has pursued deregulation to boost the US economy. Generally, companies prefer fewer regulations, but in this case, auto companies aren’t really interested in easing emission standards. Instead, they’re keen to join in on California’s emission plan, whose standards are stringent compared to Trump’s proposal.
Electric vehicle
Automotive companies are doubling down on their efforts to boost their electric fleets. Currently, electric vehicles account for a minuscule percentage of total vehicle sales. However, electric vehicle sales have been rising steadily. At the same time, internal combustion engine vehicle sales have been falling. Electronic vehicle maker Tesla frequently mocks gasoline cars.
Many auto execs see electric cars as the future. Last month, Ford released a video of its F-150 all-electric prototype. The company has also partnered with Volkswagen for electric and autonomous vehicles. General Motors has a partnership with Honda Motors. Trump sees auto executives as “foolish.” These execs also need to keep in mind the public sentiment, which is leaning toward a greener environment.
Price action
Ford and General Motors are in the green today. However, Tesla is trading at a loss. Walmart is suing Tesla for the alleged fires in the solar panels at its stores. The news seems to be weighing heavily on Tesla stock today. Ford and General Motors are in the green this year. However, Tesla is trading with a year-to-date loss.
See my below email asking about Increased social media. Compliance is her answer. And Yes I did have a sarcastic tone when asking
Hi Rik,
Thanks for writing, it’s always great to hear from such a long term shareholder. We have been trying to increase our social media presence recently, but we have to maintain a balance between providing information to shareholders in a convenient form and complying with applicable securities rules.
Thanks again for your support.
Natalie
Natalie Whiteway-Wilkinson
Investor Relations Manager
LithiumAmericas
Tel: +1.778.656.5820
K
Sent: August 14, 2019 8:51 AM
To: Natalie Whiteway on behalf of Lithium Americas Investor Relations <ir@lithiumamericas.com>
Subject: Social Media Outlets
To Whom It May Concern:
I have been invested in LAC for over 2 years now. I research (Lithium Sector) nonstop and utilize a few Message Boards and watch all podcast that you all put out!
Question is why are you all not doing more with social media and Investor Relations? No one KNOWS who Lithium Americas is?
LAC may be the best unknown secret out there but don't you think it is about time to start spreading the word a bit? AS LAC keeps approaching closer to producing lithium we are actually dropping in SP which is a bit concerning even for the most FAITHFUL LAC LONGS.
We would appreciate any words on your plan to maybe get the word out a bit more via Social Media? Do you have any Millenials who work for you that can help out in the social media department? Maybe John's kids could come in and do a Power Point presentation to get you going!
Good attempt at the early release of the Q@2 report last night it was a good effort and even read like good news, can you imagine today if the report would have been bad what the SP would be today.
We are running out of money to keep buying lower so if you could put an empty hat in the lunch room to collect some CND$ funds for us that would help us out greatly:) I have a Zelle or Paypal account
PS: Last week podcast was great
Dear Clay Trader,
We want to see a video on a bad day or week when the shit hits the fan like this one:)
Show us in a chart why CPE is down from decent earnings, when oil $'s are up, good news is out, CPE.
Bad Merger for short term
If it smells like trout get out but if it tastes like chicken keep on licking?
Thoughts Clay T
NW2
What is new resistance line $2.89US:)
That early evening release of that awesome LAC report really saved our SP today!
Can you imagine if the report was actually bad & negative (sarcastic tone noted)
Big Question???
Why do we keep dropping SP as we get closer to production? (haven't we all been preaching this since Bagger909?)
It has been rough ride staying in this thing this long and I can only imagine how you WL boys must feel.
Fact: The longer I feel dumb about investing more money into LAC the better I will feel from 2021 to 2025?
Come on longs a little bit of positive chatter.
Fu*& the shorts
Hey Clay Trader,
Can you show us the chart reacting to BOA's downgrade right after those nice earnings came out?
Hey all I have to say is this is a dead company!
Try to get someone on the phone:) Let me know if you succeed?
This is a stock to take money from the DUMB so go give your hard earned money to someone else. Jared and his crones have left the building. This is real news. Look at the spreads on bid ask and no volume.
No one will touch this POS.
What is the longest time period you have continued to BUY a plunging stock> My record is since 11/27/2017 on LAC.
I will give you the update on that story Late 2020 to 2025.
This was slated to pay for 2 college tuitions?
I been in since pre-reverse split and have managed to DCA her down to 3.87
Any good inspirational stories because buying into fear is fun and real easy when you have FU@* YOU $$$ but that isn't this group!
I am trying to be a bit more positive these days:)
To think how excited we were back on 11/26/2017 @ a $10.95 SP
KSWEIS your wish has been granted at $3.50 once again. I hope all ultra longs are making big purchases today and increasing our shares for the run to 2020-2025.
Thanks for the posts LRJ and BaconSizzle!
Its nice to hear from those that have been in LAC the longest:)
Hopefully it gets some traction so we can enjoy the upside for a bit heading into 2020 and production.
Like we have been saying for over a year, when the big boys finally get involved that is when we will see meaningful SP movement. Is it here to stay? Hopefully $4 US is new resistance?
I agree with OSO.
Overlay ALB and SQM with LAC for a one year period and give me your thoughts.
NW2, we expect something from you by this afternoon for us to look at:) Im not as technical as your old ass! IMO this jump was all across the Lithium board. Oil spikes and alternatives get a little bump? Just look at chart and give us some other insight:)
There is a reason there are NO post on Cypress and if you buy this stock at any price they will swallow you up whole! This is a hype only company RINSE WASH REPEAT and their investor relations guy sounded like the manager at your local FORD dealership. NO VOLUME FOR MANY MONTHS MONTHS NOW. IF YOU HAVE FU MONEY put it somewhere else.
Decided I am going back to gambling after investing this long in LAC.
Its definitely more fun and interesting and I wont loose half as much as I have with LAC:)
I can only keep DCA'ing for so long just have it drop another 25% when I do! I also wish I could meet up with BJ someday at an LAC conference and hear his accent in person; but I'm just going to let NW2 beat him down for me instead.
How the F could MACY's been a better stock pick than LAC 14 months ago? Blows my mind that a dying retail store can over double its SP in a year where malls are shutting down???
The only thing that will make this pop is when the big boys start playing with Lithium again. Get everyone out and then run it back up.. Just tired of waiting for it:(
Just Being cranky
I really not leaving either cause I cant KSWEIS!
AGREED NW2! Lithium Sucks
Unless you were smart like ole Billy and bought back in the WL days when it was still just dirt.
NO WORRIES MATE with 2 plants coming and one almost producing now. I remember how excited we were for the NYSE and Pre-Fease Study.
Remember how we were suppose to see that slow steady uptick til production came online???
Almost sick that I still follow this slut puppy as much as I do.
How do the Shorts have the STONES to keep doing it for over 14 months. What did we miss on this STOCK besides NO Production means bad things.