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eb_1964 1 post  |  Last Activity: May 2, 2016 6:57 PM Member since: Jul 28, 2005
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  • LACDF announced today that a new Chief Technology Officer and President of Lithium Nevada was appoint. The person appointed is Mr. David S. Deaks. Who is Mr. Deaks you ask? Well he just happens to be, or was, the Sr. Development Engineer at Tesla Motors.

    This is a very interesting connection. If Mr. Deaks left Tesla on good terms it means he will most likely be developing a supply line relationship between LACDF and TESLA, and probably others. This is a quote from the announcement that could be a game changer for the LACDF stock price.

    "We have also asked David to lead the development efforts for our Nevada-based project, which represents one of the largest lithium resources in North America, and remains an important corporate priority"

    Sentiment: Strong Buy

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