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Friday, June 01, 2018 5:10:24 PM
... about my prior emails on this point, but let me try again. In plain English, I think you are grossly premature in saying that Cowart "made a bad call," or that they aren't "very good analysts" based upon Cowart's price target prediction made in January, when it is only June 1st.
Obviously there's plenty of water yet to run under the LAC bridge and likely a lot of ups and downs before the end of the year. For example, as of the end of trading today and according to Schwab:
LAC is UP 2.07%;
For the last month, LAC is UP 6.05% and
For the last year, LAC is UP 54.02%.
Somehow, to you, that shows a downtrend, but, to me, it shows just the opposite. The difference in our respective interpretations can be attributed to you dwelling on a shorter time frame (when it suits your short promoting narrative) and my using a broader perspective, longer time frame, and facts concerning LAC and the broader Li industry, which show LAC's consistent progress to becoming a 50,000 tpa Li producer and the demand for Li going through the roof. This is not rocket science, Nowhat; it's self evident.
So like I said, given the choice between your predictions and Cowart's, I'll take the latter (in fact, my only possible concern regarding Cowart's prediction is that it may be much too conservative and that LAC's PPS will easily exceed the target price of U.S. $10+ by the end of 2018. Of course, that's just my opinion, I could be wrong).
Time will tell. GLTA, G8tr
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