 Done What's going on guys mr. V here welcome to another video so in today's video I want to talk about ticket symbol LAC This is a company that I've been researching and I wanted to make sure that you guys are On top of it because what they are doing right now has tremendous amount of implications as far as Evie so that if you can position yourself with your stock down the road You might really see some begin again. It's a risky stock, but definitely has some huge potential if things turn out Good the way I have researched it before we get started guys We are new to the channel We talk about how to earn money how to save money how to invest and build wealth So if that's something that interests you go ahead and hit that subscribe button any notification belt So you don't miss out on new content. So again, like I said, the company is lithium americas and This company right now is actually claiming that they have found a huge reserve of lithium deposit here in the United States somewhere in Nevada and I think if Because if we look at the way things are going guys with Electric vehicles the most important component of electric vehicles is the battery the battery is What makes that vehicle very very expensive? So if you if you look at it from a fossil fuel perspective fossil fuels they they have You know companies that extract the crude oil and process it and refine it So we have like BP we have eggs on right and those companies are doing fantastic So why don't we think the same way with Evie because what I've noticed is that everybody just keeps talking about Evie Just the car manufacturers. Nobody really goes back to start looking at the source We talked about baddies, but yet the people that make the baddies have to get the lithium from somewhere So it could be either lithium-ion baddies or lithium or solid-state baddies. They're all lithium baddies So what I wanted to do is to expose us to the full lifecycle of electric vehicles So the companies that extract lithium the company that build baddies using lithium and the companies that Manufacture the cars using the batteries that use lithium So if we a lot, I know a lot of you guys watching already have positions in Evie manufacturers like Neo like Tesla and so or Lee Otto I know you guys have that and now the some of you already have positions in battery manufacturers, right? So we're talking like the main one that just came out and it's really popping in the market right now is Quantum scape. So if you look at those manufacturers, where do they get the lithium from that's where I want us to go So that's the reason why I'm actually doing this video to kind of show you guys where these guys are getting the lithium from in This company that I'm looking here If we look at what you're seeing here again Personally, I'm like if this is true because they have two facilities one in Nevada and one in Argentina and so They plan on studying actual production by I think 2022 first quarter of 2022 So this is still very early. This is the picture here the building your facilities to help with that Extraction so this stock is currently trading somewhere at about $11 and 93 cents I mean today was a really rough day in the market, but again for me I'm looking at these as a good entry point I'm gonna stop picking up some shares with these because if these things pan out to be good if these claims that I'm reading and Researching here turn out to be good man This stock is gonna explode because these guys are gonna have a lot of customers to supply the lithium too. So Again, if you just we work down so right here This is where the area where in Argentina and in Nevada USA. So those are their two key locations Like I said, they haven't really said production. I think I have Some information here that can definitely shine some light. So again, this is the lithium America This is all the view of the company So they have various partners and they're working in the United States in Argentina I'm to construction sites going on right now and hopefully The goal is to be completed with construction and start production by first quarter of 2022 So if you look here the construction program in Argentina on the way with over 60% of The budget spend on strong balance sheet of over 140 million in cash, which is good So again, I mean when I'm reading this I'm like, hey, you know, if everything's paying out as they claim This would be awesome. Again, it's a little bit of information about the company and your stock and and all that good stuff I don't think a lot of you can just look at look at this either Robin Hood or one of the companies that you care about Again, they're talking about their partnerships and what they've done so far So this is the construction in Argentina and I think In the in Argentina, they don't own the full facility I think it's about a 50 50 or 51 49 on operation 51 49 actually own operation So you don't own it fully but the operation or the building in in Nevada. They fully own that piece So again, this is it right here. They haven't restarted construction So but it fully own that and so again, they're looking at starting production by First quarter of 2022 So right now, this is the problem that this company lithium America's is trying to solve if you look at the tradition the current process of Getting the material to do the lead to build lithium batteries See how things come across so you have stuff coming from Asia cathode is coming from Asia You have the battery cells. You have the chemicals and mining coming from different areas to build that battery, right? So mining Australia and South America Chemicals are coming from China and then cathode and annals are coming from China Japan and South Korea And then the battery cells are coming from China. And so these guys are this is today These guys are looking at changing that in 20 by 2030. They want to change the supply chain so not only are they looking to be a manufacturer or Again, I'm say producer of lithium They want to change the way that supply chain works. So right now the goal is that by by 2030 Mining chemicals cathode and battery cells should all come from the united states, which I think I mean, that's a vision that most Companies or most politicians will follow stand behind and support these guys. So I think this is this is excellent If again, everything I'm seeing here is that this is on that construction So I like the fact that they are looking to do this If everything pans out to be true guys and then this is stock I see this is going to skyrocket as soon as people start finding out about this But I just wanted to bring it to you guys again to cover that spectrum that we're going from Not only talking about EV cars. We're talking about battery manufacturers We're not only talking about my battery manufacturers But we're talking about the most important component of the battery, which is lithium And I'm talking about the companies that can go out and extract that lithium and bring it back again The stock right now is selling somewhere about 11 Dollars and 93 cents and I think there is so much potential there that we can totally All benefit from so that's what I wanted to bring to you guys Let me know in the comment section if you've heard about this company again guys One thing I want to emphasize here is that this is again a very very young company They're talking about the fact that they found his deposit. They're building facilities. They're doing this stuff So again, this is very risky. So don't think that this is one way it's just going to pop tomorrow to me I'm looking at this long term if you look at companies like BP and Exxon This is what I am looking at. This is the equivalent of those companies in electric vehicles Companies that can show us or find Where we have lithium deposit and then bring it to us so that we can use it to build the batteries that run the electric vehicle So that's why I I'm going to be putting some money into this not a whole ton of money I'm going to put some money in there just to hold some positions and then see I'm going to be following up and watching and seeing as the production or um as their construction gets closer And it's looking good. I don't see any drawbacks. Then I'm going to start adding to my position But I'm going to get a setup position just to get me going So let me know again in the comment section if you know about this company or Oh, this is something that you would probably want to join me in the journey Again guys, if you're new to the channel, we'll talk about how to earn money how to save money How to invest and build wealth So if that's something that interests you go ahead and hit that subscribe button and your notification bell too You don't miss out on your content And also guys, if you really want to help my work here, the best way to do it Is to just hit that thumbs up and share this video with somebody that you think would find it useful Also, if you're looking to get started with investing guys, we both still have their promotion I think it runs through the end of december where if you sign up and deposit a hundred dollars You get four free stocks no cost to your links in the description In us always guys Stay motivated