Lithium Americas Corp (LAAC): Oddly enough, I think this is a good sig...

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Re: Mavi57 post# 2304

Friday, 08/28/2015 11:45:16 AM

Friday, August 28, 2015 11:45:16 AM

Oddly enough, I think this is a good sign for WLCDF and other juniors. The fact that Tesla is willing to enter an agreement with a company that is still speculative means that there is some advantage to doing so. Meaning that the big 3 does not have the power that some thought. And hopefully WLCDF holds some similar advantage for the next 'Tesla' that seeks a Li supplier.

Mexico does not have the red tape that the US has, so I think that the Bacanora site can get up and running faster than one in Nevada could. Perhaps, WLCDF was in talks with Tesla for a while, 'in the running' so to speak...and when it became apparent they weren't going to get the deal due to timeline concerns, they found a risk mitigation (for future business) in the form of a merger with a company without the 'red tape' in south america. Possibly a reaction to not winning the Tesla deal. Just a thought...