Patience
posted on
Nov 09, 2020 11:53AM
The market seems to be waiting for additional news from LAC before it starts to runs up again. The good news is that we should definitely expect some news over the next few weeks based on the following confirmed LAC events:
What catalyst information is possible for release during these events?
• Release of the final BLM EIS (Per federal mandate, this has to occur sometime prior to 1/5/21)
• Release of the updated Thacker Pass DFS – This could be huge!!
• Thacker Pass funding &/or joint venture partner is secured and announced – This will be huge!!
• Positive construction progress update on the Cauchari-Olaroz (C-O) project
I wish we could fast forward to some of these future stock catalyst events but I am 100% confident that patience will pay off for all long-term LAC investors. I am starting to look at the Feb 19 and May 21 calls to further leverage LAC paper gains with the stock that I own. The May calls should allow plenty of time for all the big LAC news to be fully released and consumed by the market. Good luck everyone. Go LAC!!
WB