LAC
📉 Skepticism surrounds the company despite lithium hype, citing its structure (split into US and Argentina entities) and comparing it unfavorably even to small/medium enterprises.
⚠️ The stock experienced a significant drop after an initial surge, highlighting volatility and questioning the sustainability of its valuation based purely on lithium demand for EVs.
🧐 Analysis points out the broader use of lithium beyond EVs (batteries for tools, phones, cameras) and the environmental concerns associated with lithium extraction, countering the simplistic narrative.
@marcosemmimfp:
“What about Lithium Americas Corp? Look, since I made the video… everyone was asking me about LAC here. ‘No, Marcos, the lithium they have in Salta… Elon is coming, and they’re going to smoke all the lithium.’ I told you, ‘No, this is worse, this is lower than a small business,’ I told you, ‘because you have Lithium Americas Corp and Lithium Americas Argentina.’ And after the peak, it surged, and now sadness… ‘It’s the tariffs for lithium, Marcos, what happened?’ I told you no, and I made the video here, I marked it. When did I make the video when everyone was asking ‘LAC, LAC, LAC’? And I told you, ‘No, LAC no.’ ‘But how, Marcos? It’s coming from a downtrend since 2021, and you want to enter?’ ‘No, this kid knows nothing, electric cars,’ they told me. I said, ‘But you need lithium for everything, not just cars.’ I mean, there are cars, batteries for drills, cell phones, camera batteries… many things use lithium. They thought, ‘No, the mine, electric cars worldwide…’ No. I said it once, I remember, I think it’s still the same, eh, to have all the cars in the world with batteries, that is, electric, you have to do underwater mining, which is highly polluting, and lithium itself is already highly polluting. They talk about something sustainable and so on… what’s left of the lithium battery, you can’t use absolutely anything more than the case, the plastic case, nothing more. The cells get ruined, and the liquid you leave is highly polluting. How do I know? Because I’m an electronic technician.”
Watch the exact part of the video where @marcosemmimfp talks about Lithium Americas Corp. here:
Watch the video on YouTube
Read more articles analyzing Lithium Americas Corp (LAC) at the provided link. LAC stock.
