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Re: instructmba post# 5501

Monday, 02/05/2018 8:06:00 PM

Monday, February 05, 2018 8:06:00 PM

Post# of 10476
Market cap of LAC is almost half that of Galaxy. LAC is a baby, but babies grow faster.

Unlike Nemaska, LAC is fully financed and will be up and running beginning of 2020. Yes, that is a ways off and there are a few junior mines coming online before. Those may see some advantage, but over the long haul all of these junior mines with financing will rise as the lithium boom continues(minus this pullback after huge gains last year). It's like having gold in reserve and the lithium boom will go deep into the next decade and is why many of these mines without mining(LAC, ALTAF, PILBF) have had just as good of gains as mines online already(Orocobre, Galaxy).

The 50/50 partnership with SQM provides stability, experience, and workforce. As you may know lithium mines like Orocobre have had trouble meeting production goals.

Also. LAC has huge, solely owned, reserves of clay based lithium in Nevada. Genius folks like Dr. Deak are working full time to crack that puzzle. So LAC is a long term solid play. A little slower than some but built for the long haul

Also only lithium pure play on an American stock exchange.

Oh and bargain prices. Just an all around not super sexy, but kinda sexy lithium play.
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