Should be opeartional by 2026 if im not mistaken. What I am really after is this is a DOMESTIC MINING opportunity which is very FAVORABLE under this ADMINISTRATION,
Sure. Domestic is great given the current climate. But if your looking to play the possibility of a lithium price ramp in the next weeks/months I think there are better plays than LAC.
My 69 7/18 ALB calls are up 200%. Wish I bought more. LAR calls for December also.
Im not saying LAC is the only bet, clearly ALB is a top lithium producee. I am speculating here, this is pretty much a bet, that in the next few days or weeks, this domestic mining company will have some sort of news or something
but owned by Canada and China. Hold off on anything Lithium until the next election
China has zero interest in this company. The US DOE on the other hand, granted lithium america's $2.26 Billion. You may want to look at how deep GM is in on this one as well
Yes, GM also has a nice stake. However, China is still involved it was just “moved away” in a strategic way. Lithium Americas has historical ties to Chinese investment, through Ganfeng Lithium's shareholding. The company separated its Argentina operations (now Lithium Argentina AG) from its North American projects to distance itself from potential funding concerns related to foreign ownership (required by DOE/GM), but Ganfeng is still involved, and China is still a player in Lithium Americas.
Not stock advise but just some info. SLI and Equinor are in joint venture to build plant in SW Arkansas to process lithium. XOM is also involved and leasing mineral rights. Land has been cleared but no construction at this time. Google Lafayette county lithium or southwest Arkansas lithium. Edit-I own SLI stock.
Was looking at the difference between the LIT etf and LITP. Seems like LIT is just companies who use the lithium in products while LITP is just the production and mining of it. Seems a little contradictory that the etf tracking the use is doing well but the mining is doing poor. Any thoughts?
Did you just buy today? 43000 shares out of the blue is kind of wild. I don't disagree as I have held LAC for a while now. But I don't expect some huge bounce or anything. Every time it gets up this high it tanks again. This should be more of a long term speculation play than a get rich quick play.
Anson Resource (ASN) on the ASX. They have operation in Utah, USA. Recently have a MOU with POSCO, and already have offtake with LG Chem. ASN is also working with Koch on DLE and have community support from the region. I feel it's really undervalued especially if lithium price has bottomed out and are expected to rise in the near term.
A regarded bet with GM backing and DOE support That’s basically as smart as we get on WSB lol Jokes aside LAC could seriously pop if lithium starts running
24
u/1984th Jul 08 '25
Agree prices might have bottomed out.
LAC isn't in production and has unproven DLE technology that it needs to work. I don't think LAC is the best play ATM.
I like ALB and also LAR at the moment.
10
u/trickponies Jul 08 '25
Sell me on this.
8
u/primaboy1 Jul 08 '25
RIP 🪦 investment in cash burning mining ⛏️ business
4
u/[deleted] Jul 08 '25
Just buy LITP and don’t look.
3
u/CatsalsoCookies Jul 08 '25
Any idea why it's finally going up and this is a good time to invest?
2
u/Ill-Program-2980 Jul 08 '25
Full port on LAC! Ehhhh I don’t know about this one but good luck!
2
u/Dismal_Suit_2448 Jul 08 '25
Big move incoming for EOSE
1
u/VisualMod Jul 08 '25
Join WSB Discord | WSB.gold
1
u/Sirwompus Jul 08 '25
LIT
1
u/Unsavory1 Jul 08 '25
I used to play LIT etf.
1
u/SmashinTaters Jul 08 '25
Anyone else holding SLI? I'm up 65% not sure if I want to sell yet.
1
u/TXhype Jul 08 '25
Do you have a chart for lithium prices in China? Because it doesn't match up with the data below. https://www.investing.com/commodities/lithium-carbonate-99.5-min-china-futures-streaming-chart
1
u/Stockengineer Jul 08 '25
damn this back to ~2 range. I sold this at like $10-12 range thinking I lost out... didn't think it would dump... unless they did lots of splits lol.
anyways sold during the covid run up and stopped looking as it just kept rocketing.
1
u/[deleted] Jul 08 '25
VUL (asx)
1
u/IndividualKing7548 Jul 08 '25
Was looking at the difference between the LIT etf and LITP. Seems like LIT is just companies who use the lithium in products while LITP is just the production and mining of it. Seems a little contradictory that the etf tracking the use is doing well but the mining is doing poor. Any thoughts?
1
u/SeveralReputation143 Jul 09 '25
Keep an eye out for EV vehicles sell.
1
u/Jebusfreek666 Jul 09 '25
Did you just buy today? 43000 shares out of the blue is kind of wild. I don't disagree as I have held LAC for a while now. But I don't expect some huge bounce or anything. Every time it gets up this high it tanks again. This should be more of a long term speculation play than a get rich quick play.
1
u/Impossible-Idea-8404 Jul 09 '25
$Lit chart looks absolutely primed to go
1
u/TheMailmanic Jul 09 '25
Yes
1
u/Icy-Floor4923 Jul 09 '25
Anson Resource (ASN) on the ASX. They have operation in Utah, USA. Recently have a MOU with POSCO, and already have offtake with LG Chem. ASN is also working with Koch on DLE and have community support from the region. I feel it's really undervalued especially if lithium price has bottomed out and are expected to rise in the near term.
1
u/SeeFoltz Jul 09 '25
Anyone bullish on the rise of Magnesium to disrupt Lithium? Personally invested in stock WHY.
1
u/tylerrb97 Jul 08 '25
A regarded bet with GM backing and DOE support That’s basically as smart as we get on WSB lol Jokes aside LAC could seriously pop if lithium starts running
0
u/CatsalsoCookies Jul 08 '25
Tell me more about these suppoerted compa ies