I am a holder of a large position in LAC. I am optimistic, but realize the vagaries of the market in general, and the movement of certain "hot" stocks in particular. As for LAC, it still has a long road to travel before production even with the current federal go-ahead. Reading LAC's own news brief, it states quite clearly that: "Receipt of the ROD represents an important milestone in the development and the permitting of the Thacker Pass Project. Applications for key state permits and water rights transfers have been submitted, with results expected later this year." One must temper their enthusiasm a bit as water is of paramount importance to LAC's process, at least from what little information we can get from LAC. I plan to hold some or all of my position, but we are not out of the woods yet. Sadly, long term investing, particularly during the recent virus upheaval, is a forgotten method.  Go LAC !!