There is a mine going up right now in the Nevada desert that sits on the largest known lithium deposit in the world.
It’s called Thacker Pass.
The US government has put a $2.26 billion loan behind it and taken an equity stake, because Washington wants to stop depending on China for the metal that powers every electric vehicle battery.
General Motors has thrown in more than $900 million for a 38% piece of it. When it’s running, Phase 1 alone is built to produce enough lithium carbonate every year for around a million EVs.
The company building it is Lithium Americas. The ticker is LAC. And as I write this, you can buy a share for about $5.25.
That gap between the scale of the project and the price of the stock is what put this one on my watchlist.
Now, I’m not here to tell you it goes up tomorrow.
Lithium spent two brutal years in the gutter, and LAC is still pre-revenue, with the mine not mechanically complete until late 2027. This is a price-and-time game, and you have to respect both.
But look at the chart.
LAC has spent this year quietly building a base, and the risk-reward turns strong as long as it holds above 4.65.
That’s the line in the sand. Above it, the structure points to an upside target of 10.10, which is essentially a retest of the former high.
It’s down a little today.
That doesn’t bother me. The setup is intact above 4.65, and I’m watching this one closely.
But LAC is one name on one chart.
What matters more is the skill of seeing a setup like this take shape before the move, on any stock, while it’s still quiet.
That’s exactly what I’m teaching this Thursday, June 4th at 2PM Eastern, in a free live session.
I’m going to show you the Lock Point, the specific chart moment that tends to show up right before a major breakout begins.
I’ll walk through the AMD setup that ran 389% in five days, and I’ll show you a live Lock Point forming right now, on camera, with the result still unfolding.
It’s free, no card required, and seats are limited.
SAVE MY FREE SEAT — THURSDAY, JUNE 4 AT 2PM ET
Gianni Di Poce
