Lithium Americas Corp (LAAC)

[G8trlongonlith]

Also from today's WSJ ...

"China Won't Be Able To Dominate Lithium Mining Forever"

Excerpts from article on page B12, Business & Finance:

* Rising prices for a key commodity, high-tech industries fretting, and behind it all China, buying up supplies. If this sounds familiar, it should. Since emerging as an industrial superpower in the 2000s, China has repeatedly tried to lock up essential resources like iron ore and so-called rare earths. The latest example is lithium;

* Global supplies are tight -- prices roughly doubled between early 2016 and late 2017;

* China sees battery metals as key to its future, so deal financing will likely be plentiful. Rivals without cheap state-backed funds will find it hard to compete for companies with existing projects. The solution is obvious: develop new mines; and

* If lithium prices remain near current heady levels, the wait probably won't be all that long.

IMHO, eventually supply will probably eclipse demand in the Li market, as new mines continue to go into production, but that is well down the road and there will be plenty of time in the interim to make a nice profit as LAC, one of the most promising front-runner juniors, kicks into production and ramps up to 50,000 tpa of Li. Of course, that's just my opinion, I could be wrong, but I've already bought my ticked and I'm definitely taking this ride.

Goooo LAC longgggg!!!

GLTA and Regards, G8tr