Gadzook!!!
posted on
Jul 12, 2021 03:23PM
The market still has 45 minutes to go as I type this note, but I will take these kinds of gains any day:
15.89+1.53 (+10.62%)
A fact that should not be lost in the exuberance of over a 10% increase in the share price is the increase in Volume today, at this point almost at 6 1/2 million shares. Wow, in any language.
Of course the inevitable profit taking will occur, either as this day comes to an end or tomorrow, but the news about the Biden Administration today has kicked the share price up in one day in a truly exciting fashion.
Just think how the market will respond once LAC has all the final barriers ( legal and permits ) overcome and actual construction on site occurs. No doubt we will see all the Holywood Clowns on site out at Thacker Pass between now and then and possibly some will linger long enough to have their selfies and media pictures taken before they return to their high carbon using residences back in Tinsel Town on private jets and leave the local ranchers and native american protesters in the empty arms of Wil and Max back at the gate.
Just a prediction, it may or may not happen but that is the way I perceive the tea leaves.
Best to all joyful LAC owners today, but the "Best" is yet to happen.
Okiedo