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Friday, June 01, 2018 12:02:29 PM
The orange line begins last July at 4.0, right?
It then goes up to a titch above 6.5 as of now, right?
Now I'm not sure what the 4.0 and 6.5 mean (please advise), but it appears that, if LAC went up from 4.0 to 6.5 (as your orange line indicates) then LAC went UP 2.5, which is an INCREASE of approx. 62.5% in that span, right?
So, if I'm correct in reading your chart, and it reflects an approx. 62.5% INCREASE in the last year, then where is your dissatisfaction with Cormark, who "don't seem like very good analysts to [you]," coming from? Is it because they rated LAC their "Top Pick" and you think that a "Top Pick" should do better than a 62.5% annual gain?
If so, I respectfully disagree, considering that: 1) LAC is not yet producing and loses money and will continue to do so until it starts producing; and 2)the year is not even half over, so there's still plenty of room for LAC to run (particularly, given that the SP is likely to be stongly supported by the PFS later this month and by other positive news (both from LAC and the lithium sector in general) with the timeline shortening until LAC begins production in 2020).
But maybe I'm just misapprehending your chart and orange line. Am I?
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