The Energy Report
Notable Quotes
"With the LOI signed, we urge investors to bolster positions in FCU." (12/22/15) Fission Uranium Corp. - David Sadowski, Raymond James More >
"FCU is taking the right steps regardless of whether PLS is ultimately acquired or developed into a mine." (12/22/15) Fission Uranium Corp. - Heiko Ihle, Rodman & Renshaw More >
"I am quite excited about POE in 2016." (12/16/15) Pan Orient Energy Corp. - Chen Lin, What Is Chen Buying? What Is Chen Selling? More >
"BKX's Oklahoma asset has significant value." (12/16/15) BNK Petroleum Inc. - Michael Charlton, iA Securities More >
"EFR is one of the few companies in a position to write long-term sales contracts and deliver into them at several times its current production rate." (12/17/15) Energy Fuels Inc. - The Gold Report Interview with Eric Coffin More >
Northern Securities Initiates Coverage of LAC
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NELSON MAH, Northern Securities
(04/04/2011)
"Lithium Americas Corp.'s positive attributes include: 1.) LAC's [Cauchari-Olaroz] property is located in the Cauchari and Olaroz salars (salt flats), where the world's major lithium brine reserves exist; this area, in the Puna Plateau that borders Argentina, Chile and Bolivia, accounts for approximately 53% of global production and 83% of total brine reserves; 2.) the company has a sizeable M&I resource estimate; and 3.) Magna International and Mitsubishi Corp. have 13.3% and 4.0% equity interests in LAC, respectively, plus offtake agreements. We are initiating coverage of Lithium Americas Corp. with a SPECULATIVE BUY recommendation and a $3. target price based on our 1.0× NAV—the total prospective return is 78.0%." |
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Under SEC rules, analysts are required to disclose their interest in securities that they cover. We strongly encourage you to contact them to understand any potential conflicts of interest they may have.
More Experts
"FCU's deal with CGN helps to financially and technically derisk PLS." (12/21/15) Fission Uranium Corp. - David Talbot, More >
"NXE is our top pick across all commodities." (12/22/15) NexGen Energy Ltd. - The Energy Report Interview with Rob Chang More >
"FCU will continue to explore and add pounds to what is already a world-class project." (12/22/15) Fission Uranium Corp. - The Energy Report Interview with Rob Chang More >
"EFR is well positioned to benefit from higher uranium prices." (12/22/15) Energy Fuels Inc. - The Energy Report Interview with Rob Chang More >
"FCU intends to sell $82M or 19.9% of the company to CGN Mining." (12/22/15) Fission Uranium Corp. - Jeb Handwerger, Gold Stock Trades More >