Lithium Americas Corp (LAAC)

[Doktornolittle]

"If one Lithium mine has anything happen that affects production the Gigafactory will continue to operate."

I agree Nomad. In fact Musk seems to be very much about contingencies. I believe he is a man of average intelligence and fore site on the scale of the Divinci era in a world of foggy brained moderns including myself. He sees clearly the odds of upcoming potential disasters, and prepares accordingly. Ie manning Mars.

In that vein, in the near future, the US wants to ween itself from dramatic artificially low interest rates. The potential for negative scenarios that end with foreign goods costing a fortune in US $ is real. Maybe not overwhelmingly likely... I hope, but the chance is significant enough to warrant contingencies. Lithium is currently a foreign commodity. Just sayin.

I am not all in yet, so I will say no more positive things about this stock for now. My big $ are in, but my small Roth is still awaiting a more solid bottom.