Re: A Gernan company, BOS AG, has come up with an interesting way to extend the life of Lead Acid Batteries... by adding Lithium batteries!
posted on
Jun 11, 2020 01:33PM
I have to agree with John E.'s post over on the Yahoo LAC message board. He seems to think that the recent upsurge in LAC share price prior to the even more recent plunge down was not justified by any solid developments in LAC's situation. I too believe that the uptick was "fluff" and without a solid foundation so I am not surprised to see the Share Price tumble back down. Just waiting for the DFS to come out on Thacker Pass. I tend to also agree with Cal's latest position over there as well, that it is looking more and more like it will be later in 2021 for C-O to go into production. Not the end of the world, by any means. Just one more log on the Frustration Fire that all long term LAC investors have become accustomed to seeing.. over and over again. Same Song, another verse. So is it difficult to maintain optimism in the face of these delays? Of course, but all of these difficulties will come to an end as we see production finally materialize.
Quandry: Sell and hope you can buy back in befoe the Share Price reverses the other way... or HOLD. No easy solution. I don't like paying Short Term Gains taxes vs Long Term Gains taxes AND I maintain a long term sense of optimism so for me, at least, I will once again "hang in there" for the long haul. Can't blame anyone who sees it differently.