Replies to post #10142 on Lithium Americas Corp (LAAC)

[John-Knee]

I totally agree with you. Management is in the crawling phase and want to run when they can't even walk yet. Leaving 2021 and entering 2022 is like back in the dot.com bust and the commodities sector went into a super-cycle. According to Jim Rogers' book Hot Commodities, this happens every 20 years. This is happening now and hence most resource stocks are jumping. The EV industry is just pushing Li companies into overdrive, despite little to no production at the moment. As you said, Management is leveraging their stock pricing power to acquire and expand their portfolio. It makes logical business sense but not to the shareholder's value. I hope this catch-22 works.