 Boom What's up money geeks? Mr. V here. Welcome to another video guys. So into this video We are going to talk about ticker symbol L a c Lithium America So this is a company that we cover here on the channel when nobody was talking about and when the company was still like in the dust I started covering it because I saw the potential of what they were doing I saw the projects that we're working on and I looked at the future like hey If we're going easy, this is gonna be massive. So I said it Buying stocks in this company. I'm gonna talk about it today I'll give you guys some price projection and what I see Moving forward, but before we get started guys feel new to the channel We took about how to earn money how to save money how to invest and build wealth So there's something that interests you go ahead and hit that subscribe button and a notification bell So you don't miss out on new content So when it comes to lithium, this is again one of the plays that I keep telling you guys that if we are Looking to move into the electric space electric vehicle space. I want to go with this green energy One of the key ingredients that powers all the things that we're talking about here, especially cars. It's lithium So you go Tesla needs a lot of lithium Lucid needs a lot of lithium every car manufacturing it's a lot of lithium to power their vehicles Again, except for the ones that are using hydrogen, but majority of them lithium base So what does that mean? It means that demand for lithium would skyrocket and there's companies out there that currently produce lithium But I'll again for me. I'm looking at disruptors. I'm looking for companies that have massive potential With very limited downside and lithium America was one of them And remember when we started talking about this thing was trading somewhere around 10 bucks when we started talking about it So I'm gonna jump right here so we can actually take a look again for those of you that don't know I'm gonna put the links in the description. You can go read about the company. They have two major projects One in North America in Nevada, which is like one of the largest lithium deposit And then there's a massive project in Argentina, which that one I think goes live in 2022 So again, these guys are approaching Production and they're moving fast and the demand for lithium is only gonna go up from here So that's something that I'm excited about so definitely go go read about them again This this is their South America project and it's the Tucker pass that that's the one in Nevada So just definitely go go read about them. I don't want you to just again blindly invest Make sure that you go there read the investor presentation and see why this is a good company And that's the reason why I think this company has a lot of room to grow and again Because I see that there is a massive Demand for lithium coming up because all these other companies when they are ramping up They're telling you like hey Tesla want to produce more vehicles With because of the deal that they signed with Hertz. It means they need more battery. They need more lithium If Lucid has to meet the demand of their vehicles, they need more batteries. They need more lithium So this is definitely a play that has tremendous upside But again with every upside comes a little bit of downside. So the the Argentina Production facility is going fine with the lithium America They're not having any issues down there because obviously there's a lot of companies around it are mining lithium already So they're just joining the herd of no players in the space But the Tucker pass in Nevada is getting some pushback from our environmentalist So native Americans and environmentalists are complaining about the fact that this is going to damage the environment which Obviously, I can see from their perspective. Native Americans want to protect the land because that is where the ancestors kind of lived and grew and did stuff and environmentalists want the environment to stay the way it is Which sometimes it's a cash 22 if you want clean energy because it's bad for the environment and that Clean energy comes with lithium, but yet you don't want people to mind lithium. So it's it's a tough one I I'm not the guy that's gonna make that decision. So I'm just happy That all I can do here is invest. So again, that is the challenge that they are getting But on the positive side, I'm gonna bring some news here Lithium America makes an offer to acquire millennia lithium. This is a Canadian based lithium company So that again, if you can see here, they're trying to start looking at consolidation They have these two major passes or Projects that they have the North America and the South American projects, but now they're bringing in all their Companies is trying to build that expanding and getting bigger and bigger which I like I like that consolidation Because it makes you more of a reputable player in this space So they make that offer for about 400 million to acquire a millionaire Lithium so again, that hasn't been voted. We'll see as soon as that goes through. So if that goes through I think it'd be a huge huge play for them So again, those are some of the things that I want to so you can go to their website They have information here that would definitely help you under their investor presentation and just gonna take a look So now that we're doing this video if we can go take a look at lithium America Where's currently trading somewhere around $34 or $33 in some change? Again, when we started covering the stock, this is where I got into the stock somewhere here around September of last year. I said talking about the stock you can go back and watch the videos I when I was looking on on on YouTube pretty much There was nobody there was talking about the stock and I was like, this is a huge opportunity You guys know my approach to to investing and to finding these disruptors I don't go find the cute names when because again when somebody's already talking about it when Wall Street is already talking about it It's getting too late. So I try to get in as soon as possible That's why you hear me talk about lithium America. You hear me talk about cooler technology These things that people don't talk about right now that would eventually explode in the future So that is why I love this one. So right now it went from that $10 Look at that first squeeze. I think this was back in December or early January of 2021 and then pull back and you can see now look at from here When they pull back, it's only squeeze all the way up to 34. They got to a high of $36. So again I understood tremendous amount of upside to this thing this Production facility in Nevada get approved if it goes through all the legal issues that they have to they've done Your feasibility study They have a massive report on your website You can go read that on the feasibility study, which basically means this is how these projects going to impact the environment They've already done that so you can definitely go check it out on your website And so if all that goes well and it has proof remember last year I even told you guys when I'm Trump Administration already give them the first the first pass for this particular project So I'm assuming that the Biden infrastructure bill, which is Really heavy on Evie clean energy I think would play a major part because you cannot be pushing for clean energy Pushing for electric vehicles pushing for charging stations, but they're at the same time rejecting Lithium mining pass. That's it just doesn't make any sense if you go that route I wonder what you're trying to do So I assume that the Biden administration would push and validate this pass so they can stop mining that lithium So again, that's my take. I wanted to give you guys this particular update So what does that mean for the price of the stock right now again? Like I said, it's sitting somewhere about thirty four dollars right now This one for me, it's a long-term point This thing would if they adapt pass gets approved and as soon as they start production in South America And it's that production in Nevada. This thing is going to explode and From our just from a logistics standpoint This is very critical because if they mind the lithium in North America Which means that the demand for lithium is going to be satisfied by our companies within the United States So no logistics involved Tesla has a manufacturing facility in Nevada Lucid has a facility in Arizona. So again, that stays within the US Which is massive and then you can say hey, they're gonna employ a ton of people in the United States So for me from a government standpoint is every reason why they should approve this and make this This this project move forward. So again, if you want to get into the stock I say you should make a habit of Being a bottom feeder if you want to invest long-term feed from the bottom each time There's a dip you buy a little bit each time there's a dip you buy a little bit because if you're waiting for that Massive dip unless there's a crash in the market and again if it's a long-term Mentality, you cannot sit there and be waiting because that's never gonna come to you So always buy the dim become a bottom feeder each time you see a dip in the price You pick a few shares. I don't care if it's just 50 if it's 25 each time you see a dip in the price to pick a few shares So again long-term this thing is over a hundred dollars easy in my personal Estimation in the caveat for that is if the the projects get approved South America is approved already because they look in production in 2022 North America right now. I'm just waiting for the Biden administration to sign papers and let these guys go Again, like I said, they've completed the feasibility study Massive report in I mean, they're probably working now with the environmental groups and Native American groups to try to negotiate How this is gonna go at the end of the day in my personal opinion It comes down to money all the environmental groups are gonna take money and they're gonna calm down Native Americans They're gonna give them some sort of a reward Maybe compensation Again, hey, what do you want? She we not do this and then the environment gets destroyed because we're driving fossil fuel cars Oh, should we do this and save the environment which one do you want? So that again, that's just my take. So as of right now at 34 dollars Just wait for a little dip. That's when you buy wait for a little dip That's when you buy and don't if again, this is for long-term if you're looking to shrink trade it I said pump the brakes right now and just wait because this thing has made a massive move Most recently so after those crazy moves There's usually a pullback a little bit of consolidation before we move up. So wait for that pullback on the 30 That'd be ideal in my personal opinion on the 30s stats that accumulating And add as we go. So that's how I would play if I were in your shoes again Let me know in the comment section what you guys think about is if you're new here We took about how to earn money how to save money how to invest and build wealth So that's something that interests you go ahead and hit that subscribe button and a notification bell So you don't miss out on your content also guys again, I mentioned this Moomoo has this crazy I Mean as a matter of fact promotion where if you sign up to their app and deposit any amount of money $1 whatever you get five free stocks value somewhere between Nine and three thousand nine hundred dollars or three thousand five hundred dollars I'll put the links in the description below definitely go check it out You can sign up get your free stocks and transfer them to Whichever platform you choose to use again, it's free money in my personal opinion again I'll put the links in the description below and as always guys. Do you do diligence? 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