Lithium Americas: Let Production Begin
Lithium Americas Corp. is set to start production at a mine in Argentina. The lithium miner is now moving full speed ahead at the Thacker Pass mine in Nevada. Lithium Americas stock is cheap based on the estimated profits from the limited 20,000 tpa production from the Argentina mine alone. This idea was discussed in more depth with members of my private investing community, Out Fox The Street. Learn More » Even with lithium prices falling dramatically in the last month, Lithium Americas Corp. ( NYSE: LAC ) hasn't fallen much lately. The company continues to confirm massive profit opportunities ahead at current lithium prices, and production should begin shortly at a mine in Argentina. My investment thesis remains ultra-Bullish on the lithium miner. Read the full article on Seeking Alpha. Disclosure: No position mentioned. Please review my disclaimer page for more details.