Welcome aboard! If SQM is doing this 50/50 JV with them, then I have to believe they are eyeballing Lithium Americas for a potential takeover down the road. Also, I really like their side credit from the Organoclay processing for drilling additives.

These stocks will be supplying the ever burgeoning battery markets and energy storage markets, so there is much more upside for Lithium demand than analysts even have accurate models for. They tend to get fixated on electric cars & electric trucks, but they neglect to cover the huge impact backup batteries have on storing Solar & Wind power, or the smartphone/laptop/tablet marketplace, or airlines, or tow-motors and forklifts in warehousing, and on and on….

The Canadian ticker was up even more, and on 8 times the normal volume!

Volume: 8,459,517
Avg Vol (3m): 919,271

Lithium Americas Corp. (LAC.TO)
0.68 Up 0.10(17.24%) 3:59PM EDT

Thanks Tad. I actually have a big base metals watch-list (that keeps growing), but its all over the board on industrial metals. On the weekend show I posted a bunch of individual smaller-mid size copper companies that I think will outperform the larger commodity conglomerates, and don’t have the debt burdens of the big guys. Some have nice precious metals exposures as well. For most of them I posted a Corporate Presentation so you can quickly see their projects, share structure, financials, management teams, and key investors.

Please let me know if there are any Copper or Base Metals companies that look interesting to you, or if any of the ones I posted have any pros or cons you know of.

Hope it helps generate some investing ideas.

AS a Copper/Gold company ARCTF is interesting, somewhat.

Yes CFS, I agree about AuRico Metals. Wasn’t this the spinoff company from the merger with AuRico and Alamos? Alamos still owns 11%, but what is interesting is that Sandstorm Gold owns 15%. (do they want those Royalties?)

I’m not really sure how to categorize them because they have all those royalty streams (which I see as a huge positive – and their resources are growing at those properties); but they are also in development of their Kemess Gold/Copper project. It will have a projected AISC of $718 for life of mine, and they plan on producing about 200,000+ ounces of gold equivalent per year. That’s a pretty big value driver.

Here’s their blurb for anyone interested:

AuRico Metals is a precious metals royalty and development company whose royalty assets include a 1.5% NSR on the Young-Davidson Gold Mine, a 0.25% NSR on the Williams mine at Hemlo, and a 0.5% NSR on the Eagle River mine – all located in Ontario, Canada. AuRico Metals also has a 2% NSR on the Fosterville Mine, located in Victoria, Australia, and 100% ownership of the advanced stage Kemess Project in British Columbia, Canada.
_________________________________________________________________________

Corporate Presentation AuRico Metals Inc:

http://www.auricometals.ca/investor-information/events-and-presentations/default.aspx

I guess AuRico Metals is most like Eurasian Minerals or Altius Minerals or Abitibi Royalties. They all have a number of royalties coming that that is funding their exploration and development projects, but the other 3 all to JVs, and scoop up more royalties, where AuRico is moving a project into production with their Royaty stream. I guess that is what Rye Patch is doing as well.

I like companies with royalty streams, as it de-risks the project and keeps them from constantly diluting shareholders or doing capital raisings each year.

I’ll say this, the companies that have survived the 5 year bear market, are survivors for a reason, and many of them have very interesting business models and quality assets.

To quote Arthur: “I wish I had a dime for every dime I have”