Analysts over at Casey Research have been teasing a lithium mining company that is supposedly going to make a deal with Tesla that will send its stock price through the roof.
There have been a lot of people asking about this company and so we finally decided to get around to looking into it.
In this review I'll be going over the name and ticker symbol of the lithium mining stock being teased by Dave Forest and Blair Morse of Casey Research - both tease the same stock.
*Dave Forest is the main guy behind it all. He has a background that includes two decades working as a geologist in the areas of mining and petroleum. And not only that, but he's also founded his own mineral exploration company and more. He knows the mining industry and when it comes to investment potential in this area he's the kind of guy you want to listen to.
There have actually been more than one teaser for this company. The first one I came across was for a "$4 Company About to Sign a Billion-Dollar Deal With Tesla"...
However, since the original teaser the stock price of this company has increased much higher than the originally teased $4/share and so Casey Research released yet another teaser recently titled "Why Are the Top Tech Companies in America Circling This Remote Desert?"...
In the latest teaser we are told about how there is a $35 billion resource that one company owns the rights to... and it's all laying under the ground out in the Nevada desert, 214 miles away from the Tesla Gigafactory (more on this later).
According to the presentation, some people are referring to this area as the "New Saudi Arabia".
Because there has been a lot of lithium discovered under the ground in this area.
The demand for lithium is expected to increase greatly over the coming years with the push towards a more "green" future, and Dave Forest expects that since "one $7 company holds the rights to this massive bounty"... the stock price of this company will skyrocket.
It's a small-cap company and the price has already increased quite a bit since he first started recommending it at just $4 a share.
But don't worry about how the price has already more than doubled... Forest tells us that it "could make you a fortune in the coming years" and he even believes it "could become a blue chip [stock] in the next few years".
The sales pitch:
And as usual, the teaser ends in the sales pitch that is typical here.
All the details on the lithium mining company being teased here are included in an "absolutely free" report called The American Lithium Boom...
The kicker is that in order to get your hands on this "absolutely free" report you first have to buy into Dave Forest's investment advisory service Strategic Investor. This will cost you just $49 for the year... definitely not a bad price but you won't have to pay to find out because we'll be going over the stock he's teasing for free here, and this time really free.
Why Lithium Could Be The New Oil
Whether you are in support of the growing trend towards "greener" energy sources and using battery power instead of combustion engines, the bottom line is that the trend is growing and there doesn't seem to be any stopping it.
There is a lot of new technology that is leading to the increase in demand for lithium, which is a key component in the popular lithium-ion batteries, but Electric Vehicles (EVs) seem to be the dominant force here by far.
A 2020 report by Roskill expects lithium demand will remain strong with a 19.7py to 2030, and the expected demand increase is unanimous across the board. Statistica is predicting the demand for lithium batteries to more than double by 2030...
Right now China controls around half of the world's lithium, and with tensions heating up between China and the US, there is a push to find other sources in order to become less dependent on their supply.
The company being teased by Forest is in the US. Not only is lithium demand expected to increase a lot over the years and the company being teased is supposedly sitting on a massive supply, but it's also positioned well geopolitically.
The Lithium Stock Being Teased
So, let's get to it. What's the name of the company that is going to supposedly make you a fortune?
Here's a list of some of the better clues we were given:
- The location of their mine is "just 214 miles away from Tesla’s giant Gigafactory" - located in Nevada
- Its mine is "enough to fuel Tesla’s production demands every year for the next 46 years"
- "this mine could reach production of 60,000 tons of lithium a year"
- Right now the stock is trading at around $7 a share (according to the latest teaser)
There aren't a lot of clues here, but it's enough to figure this one out.
The company being teased, I can say with confidence, is Lithium Americas Corp (LAC).
Lithium Americas Corp is a lithium mining company with the biggest lithium mine in the United States. This is the mine that is being talked about by Mr. Dave Forest, which is located in Humboldt County, Nevada.
They call it the Thacker Pass Lithium project, and although I'm not sure of the precise location of the mine, a quick Google search shows that the general area of the mine is 225 miles from the Tesla Gigafactory. This matches up nicely the the teased "214 miles away".
Right now, as I write this the stock price is above $7, but was hovering around the $7 range recently and so it makes sense with the release time of the latest teaser by Casey Research.
Lithium Americas Corp it is... but is this really the amazing investment opportunity it is claimed to be?
Good Investment Opportunity or Not?
As always, take investment teasers like this with a grain of salt.
Much of the hype surrounding this investment opportunity has to do with the possibility that Tesla, the biggest battery producer in the world, is going to make a deal with Lithium Americas Corp.
Tesla has their giant Gigafactory out there that has the goal of producing 500,000 batteries a year, and it makes sense to purchase lithium from such a closely available source.
However, there hasn't been any deal yet and right now it's all speculation.
It could still be a good buy even if the Tesla deal never materializes, but just don't count on buying that private yacht or new sports car just yet... and of course don't invest any more than you can afford to lose.
Quick Recap & Conclusion
- Blair Morse and Dave Forest from Casey Research have been teasing the opportunity to invest in a lithium mining company that "could make you a fortune in the coming years".
- Dave Forest believes Tesla will be making a deal with this company and this will help catapult the stock price higher.
- In order to get the details on this company, which are provided in an "absolutely free" report, you first have to buy into Dave Forest's subscription advisory service Strategic Investor.
- I've just revealed the company he's teasing for free, so now you don't have to buy into anything.
- It could be a solid buy even without the Tesla deal - worth looking into.
And there you have it. You're welcome!
Hopefully you have found value in this review and as always, let us know what you think of this stock pick in the comment section below!